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If it's a pension buyout most I've seen offer the option of a rollover to an IRA.

That would be my first choice.

Taking the lump sum is almost always a bad idea because of the immediate tax hit.

I cannot recollect this if any client ever chose a lump sum.

Most clients choose rollovers if that option is available but it some cases the annuity made sense.

Did you read the OP? He/she said lump sum to be rolled over.

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