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2. Lump sum payout vs. annuity from a pension: How to decide - AOL

   www.aol.com/finance/lump-sum-payout-vs-annuity...

   Lump sum vs. annuity: 6 factors to consider when making your decision. Everyone’s financial situation is different, so it’s important to consider a few key factors — such as tax implications ...

3. Can You Escape Taxes on Your Lump Sum Pension Payout? - AOL

   www.aol.com/seniors-heres-avoid-taxes-lump...

   With a lump sum, you can withdraw money to cover your retirement income needs and leave whatever is left to your beneficiaries. Fear that pension will collapse . Many pensions collapse under ...

4. Can I Cash Out My Pension When Leaving a Job? - AOL

   www.aol.com/cash-pension-leaving-job-141134422.html

   If you receive a lump sum pension payment when you leave a job, rolling the money into an IRA can help you avoid a costly tax bill associated with the distribution. By opting for a direct rollover ...

5. For My Pension Payout, Should I Take a $48,000 Lump Sum or ...

   www.aol.com/48-000-lump-sum-462-113000982.html

   Let’s assume you have no cost of living adjustments on the pension annuity or rate of return on the lump sum payment. Then, at $462 a month and $5,544 annually, you need to reach 8.65 years to ...

6. Income drawdown - Wikipedia

   en.wikipedia.org/wiki/Income_drawdown

   The person receiving the pension will pay no tax on the money they withdraw from that pension, whether it is taken as a single lump sum, or accessed through drawdown. Anyone who dies with a drawdown arrangement or with uncrystallised pension funds at or over the age of 75 will also be able to nominate a beneficiary to pass their pension to.

7. Defined benefit pension plan - Wikipedia

   en.wikipedia.org/wiki/Defined_benefit_pension_plan

   Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental ...