Sentences with phrase «utilizing pension maximization»

You could utilize a pension maximization strategy using life insurance to maximize your current pension income while providing for a lump - sum benefit that can be converted to lifetime income for your spouse.

In order to properly utilize the pension maximization strategy, George would choose the single - payout option only if he is able to secure a permanent life insurance policy with at least a $ 210,000 death benefit for less than $ 2,000 per month, or $ 24,000 per year.