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Greetings, Dbwoodside, and welcome. You asked:

<<I am planning to retire in the next year or so and I have a Lump Sum Qualified Pension and a 401K Savings Plan. Should I roll them into two separate IRAs? Also, what is the best way to get a specific monthly payment from them?>>

There's no reason you need to transfer the two plans to separate IRAs, and for ease of administration one IRA will suffice. As to taking distributions, most IRA providers will allow you to set up a withdrawal schedule. Just tell the provider you select what you wish to do.

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