Has anyone looked in the EY Pension while quitting the firm? Have you taken the lump sum cash upfront or deferred payments till retirement?

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Depends on how long you have been with the firm. Are you vested...been with the firm more than 5 years? If you are, I would defer it until retirement. Dont take the payout.

I thought it vested at 3? Did they change the besting period recently?

Check it to confirm the time frame for vesting. The point is, if you vested I would suggest not taking the pay out

The vesting period has changed at different times. I left after 4 years and took the lump sum afterwards. I just wanted the control to know where it was and if I died my wife would get it. It was only around $20k. I pushed it right into my 401k as a transfer so I wasn't taxed.

Thanks for all the responses.
Associate 1 - do we have to get this transfer taken care of before our last day at the firm or it can happen after too ?

I don't remember addressing it when I left, maybe they weren't pitching it at the time. I got a letter about a year later.

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