Quote:
Originally Posted by SHIBUMI
Hopefully someone in the Villages wins! But what to do.......
1. take lump sum or 30 year payments, lump sum after taxes less than 50%
2. 30 year payments get 5% interest a year
3. How do you slit it with a bunch of folks without them being taxed again
4. Can leave payments to beneficiaries
if you have any knowledge or ideas on this please share ...........thanks, Merry Christmas
|
if you’re over 55 years old, you might as well take it all in a lump sum now and spend it. You’re not gonna be able to enjoy it at age 85 if you’re even still alive.