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Crunching the Numbers on Pension Lump Sums, Part 2
Ken Steiner, FSA Retired Link to more items from this source
Apr. 15, 2019
"For a retiree, or someone close to retirement, the decision to take a lump sum or a life annuity form of payment from a pension plan is a classic example of ... the decision of how much of one's assets should be allocated to the less-risky floor portfolio to fund essential expenses and how much should be allocated to the more-risky upside portfolio to fund non-essential expenses."

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