Lump sum payments from death benefit pensions
My client, who is under age 60, would like to take a lump sum payment from a death benefit pension. Are they allowed and if so, how will the lump sum be taxed?
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My client, who is under age 60, would like to take a lump sum payment from a death benefit pension. Are they allowed and if so, how will the lump sum be taxed?
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