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re: Notable NFL cuts

Posted on 9/2/17 at 4:52 pm to
Posted by BilJ
Member since Sep 2003
158757 posts
Posted on 9/2/17 at 4:52 pm to
quote:

Ex-players have the option of receiving benefits as young as 45, or can start at 55, but financial advisers say it pays to wait till 65.


“That’s what I’m doing,” said Jeff Nixon, a former NFL player who is an expert on the league’s pension plan who advises retired players. “And that’s what I recommend to all former players, because from age 55 to age 65 the pension plan monthly payment increases by 260%.”
Posted by sgallo3
Dorne
Member since Sep 2008
24747 posts
Posted on 9/2/17 at 4:59 pm to
quote:

from age 55 to age 65 the pension plan monthly payment increases by 260%


i think it probably just boils down to how much you need the money whether you take it at 55 or not
Posted by castorinho
13623 posts
Member since Nov 2010
82018 posts
Posted on 9/2/17 at 6:07 pm to
quote:

Can confirm the #Broncos are signing former #Browns quarterback Brock Osweiler. It will provide a little break on the $16M guarantee
wow, I thought this was a joke. It's actually real.
Posted by UltimateHog
Oregon
Member since Dec 2011
65800 posts
Posted on 9/3/17 at 1:21 pm to
Bills just cut LB Gerald Hodges and RB Jonathan Williams, both pretty surprising.
This post was edited on 9/3/17 at 1:22 pm
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