The Benefits of De-Risking with Lump Sum Windows

By offering lump sum payment to plan participants, the plan sponsor can reduce their liability and the risk of future benefit payments. This can help to reduce the plan's overall funding requirements and provide more stability for the plan's long-term financial health. Additionally, Lump Sum Windows can help to reduce the administrative burden of managing a pension plan and can provide participants with greater control over their retirement funds, allowing them to make decisions about how to best use their money.

October Three is here to  provide support throughout the entire lump sum window process. Our services include:

• Providing clear communications to eligible plan participants 
• Calculating the dollar amount of each participant's lump sum
• Providing on call pension experts to support participants through the process
• Ensuring that all lump sum payments are executed correctly and all payments reconciled

Our team and service model are flexible, so you can have us handle the entire project or manage certain tasks in-house. Learn how a lump sum window can be an effective option for your organization