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Weekly Insight: Pensions - Lump Sum or Lifetime Payments

It is an age old financial planning dilemma: Take the big sexy pot of money or the monthly payments for life? This question, of course, assumes that you are fortunate enough to have a pension and your pension offers a lump sum option. Some people like the idea of the lump sum because they worry that their former employer could go bankrupt during their retirement. It is important to understand…

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