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Author: onlyoneT Two stars, 250 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75820  
Subject: Pension rollover to annuity Date: 9/20/1999 12:02 AM
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If I get my pension as a lump sum distribution, can I turn around and put it into a tax deferred annuity that would pay out over a relatively short term of 4 or 5 years? This would be to flatten the tax cost, yet still supply a healthy addition to my income.

Mat
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Author: FoolWAM One star, 50 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 13967 of 75820
Subject: Re: Pension rollover to annuity Date: 9/20/1999 7:56 AM
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Why don't you just roll it into an IRA. Then you can control the payouts as you wish, at least until you are age 70-1/2. The you will have to take minimum distributions.

Alan McKnight, CFP


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