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URL:  http://boards.fool.com/there-has-not-been-much-mention-of-taxes-in-this-29189494.aspx

Subject:  Re: Lump Sum vs Pension Annuity Date:  3/23/2011  8:45 AM
Author:  reallyalldone Number:  68690 of 74759

There has not been much mention of taxes in this thread other than an assumption that the lump sum could be rolled into a traditional IRA. This is true for 401Ks but is it true for lump sum pension payouts ?

One other factor may also be state tax treatment of pensions. In my state some portion of pension income is excluded from state income taxes so taking a lump sum would also include the calculation of foregoing the tax break other than the first year.
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