Choosing Between a $400,000 Lump Sum and $2,000 Monthly Payments for Your Pension
Tuesday, 28 May 2024, 11:00
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Pension Decision: Lump Sum vs Monthly Payments - Which is the Better Choice?
Deciding whether to take a $400,000 lump sum or opt for monthly pension benefits of $2,000 involves careful evaluation of each option's relative value. The timing of receiving the lump sum can significantly impact its potential growth through investments. While the monthly payments offer stability, the lump sum may present […]
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