Deciding whether to take a $400,000 lump sum or monthly pension benefit of $2,000 requires calculating the relative value of each option. Generally speaking, the sooner you can receive the lump sum, the more value it will have since you can invest it over a longer period. The monthly payment option may be more valuable if you expect to live a long time after you start receiving benefits. Other factors include inflation, your additional sources of income and how prudently you can manage a large sum of money ...

Core Viewpoint - RTX Corp announced a non-cash pretax charge of approximately $300 million in the fourth quarter due to the transfer of $2.5 billion in pension obligations to a Prudential Financial unit [1] Financial Impact - The non-cash pretax charge will be recorded in the fourth quarter, impacting the company's financial statements [1] - The pension obligations being transferred amount to $2.5 billion, indicating a significant financial maneuver by the company [1]