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In Praise of the Lump Sum Distribution for Retirees, and Their Advisors
Registered Rep
Apr. 8, 2005
Excerpt: When a retiring client's employer presents him with a choice between a monthly pension check and a lump-sum payment, the choice is usually a simple one. Happily, the move that is typically best for the client -- accepting the lump -- also usually ends up being the most lucrative one for the advisor.
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