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I read this with great interest, because it sounds a lot like the circumstances many of my coworkers are in....Voluntary Early Retirement or Severance with a big one-time payout.

One of the huge disadvantages of taking the cash payout that the company is offering is the fact that they are going to withhold approx. 28% for the folks at IRS, plus FICA.

It seems to me that if a person invested it properly, it could be tax-deferred, so a person could get a refund of the funds withheld, next year. I don't know this, I'm just guessing.

Anybody out there have some suggestions?
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