Today we are bringing you two mailbag questions with our incredible listeners. First, we'll be talking to Beth. She is calling in from upstate New York. Beth is in her early 60s and her company's made the decision to terminate employee pensions, which has left her with some options: Should she take the lump sum? Should she roll it over? We'll dive into some timely advice for her.

Then we'll be talking to Sarah. She is wondering how best to start a side hustle as she transitions out of her long-time career as a healthcare executive.

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Chapters:

1:00 Mailbag Question 1: My pension is being terminated, help!

5:00 Retirement Annuity Option

8:00 Lump Sum Option

18:00 Mailbag Question 2: How do I get paid for freelance writing?

27:00 Starting A Blog or Substack

Have a personal-finance question for us or want to jump on a call with Jean so you can get all of your follow-up questions answered? Write in at mailbag@hermoney.com.

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Thank you to Gainbridge® for supporting the HerMoney podcast. Gainbridge® created ParityFlex™, a multi-year guaranteed annuity, to offer women security and flexibility at a time when they need it the most—retirement. Learn more about ParityFlex™ here.

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Mailbag: What to do when your employee terminates your pension, plus how to kick off your freelance writing career. 33:02 Share

HerMoney with Jean Chatzky

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Mailbag: What to do when your employee terminates your pension, plus how to kick off your freelance writing career.