Destination Jazz
Each weekend, Ed introduces listeners to new recordings and plays the classics of years gone by. |
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Destination Jazz
Each weekend, Ed introduces listeners to new recordings and plays the classics of years gone by. |
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Thousands of Ford and GM retirees must soon make an important financial decision as lump-sum buyout deadlines draw near at both auto companies. More than 40,000 GM retirees must choose between taking a lump-sum buyout or moving to a guaranteed annuity by July 20. Meanwhile, 98,000 Ford retirees will choose to take either a lump-sum buyout or stay with Ford's pension plan by August. Detroit News Finance Editor Brian O'Connor joins Craig to discuss the complex issue.
O'Connor will host a live chat to talk more about the the fate of the retirees along with financial advisers Dean Thurman and Mike Thurman of InvestWise Financial in Bloomfield Hills.
Click on the audio player above to listen and feel free to add your comment below.
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