2013年9月29日星期日

Should I take the lump sum payment or the annuity?

  • wire money online to bank account
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  • lump sum cash
  • lump sum taxes
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So excited about this but if I take the lump sum, I'd be losing damn near 70% of the total after taxes! On the other hand, I could take the annuity over 30 years, but it's only a one-time payment every year? What about the rest of the year? Plus, I'm not to sure how much longer our dollar is gonna last. Twenty years ago I could get a slice a pizza for a buck. Now, I can't even get a Coke for a buck! What to do?

Should I take the lump sum payment or the annuity?

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