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Thanks for the info. My company is solid based on current performance, I feel pretty safe for now. However, it does make me think that taking one of the shorter payouts would be safer than the 10 year payout.

Also, I am now questioning how much of my profit sharing and bonus that I should shelter in the deferred comp plan. Until now, I had been putting the max into it (90%).

Yup, I'm in one too and everything in this thread corresponds to what I've been able to learn. First make sure your company is in good financial condition, then do what seems best. I maxed out my 401k first since it is protected from the general obligations of the company; but then I put an additional 50% of my salary into the plan.

For the very reasons you mention, I plan to take mine out over a 4 year period. That will meet my cash flow needs and stay just below the next higher tax bracket. I'll have a bit extra, but that will go into my after tax account.

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