Make a Choice: Lump Sum or Annuity
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This article - as well as others I’ve seen - does not take into account your age.
If you feel you can outlive the annuity payments then fine. Do that. But I’m 57 years old. I’d go for the lump sum.
Plus I don’t even know if this country is still going to be around by that time at the rate things are going.
The annuity is a certified asset. If you die it would become part of your estate and pass to your heirs.