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Subject:  Re: Pension - lump sum or annuity? Date:  4/24/2014  9:49 AM
Author:  JLC Number:  74822 of 100451

Personally I'd take the lump sum payment. Mostly to get the money into my own greedy little hands, under my control. If you opt for an annuity, then the money is under someone else's control. Plus, you're dependent upon that company staying solvent. It would suck if it went bankrupt and you are left with pennies on the dollar just when you need it most.

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