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Overview of Wall Street Journal Article Entitled 'Pension Tension: Figuring Out When to Lump It'
Cypen & Cypen May 17, 2007 Excerpt: [T]he author says more Americans are facing a critical question as they reach retirement -- whether to take pension benefits as a single one-time cash payout or as a lifetime stream of monthly payments. Private companies are increasingly giving retiring employees that choice, and pension consultants say that most retirees take the lump sum when they can. |
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