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Hello All...

I will be making some choices soon concerning spousal benefits relative to pension payments from a defined benefit retirement program from my years with the old Bendix Corporation.

I can elect for a certain percentage of my pension payments to continue for my wife after my death. If I choose this option, my pension will be paid at a reduced rate. The monthly amount I receive is dependent upon the percentage I elect for my wife after I die.

I have heard somewhere that it is most prudent to take the full pension payment and ignore the death benefit for my wife. I recall that the logic in the argument was beneficial to both myself and my wife. Trouble is, I can't remember what the logic was.

Could anyone enlighten me?

Thanks ... Jim
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