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pop-up option

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Financial Dictionary

Pop-Up Option

A joint and survivor option that allows you to be reinstated to the basic pension amount if the spouse predeceases the retiree. More and more companies are utilizing this option for an additional charge.

Investopedia Commentary

Generally, pop-up options are limited to married couples.

Related Links

Who Is The Beneficiary Of Your Account?

See also: Pension Plan

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