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Regular pension payments are periodic distributions. Yes.
This will be the default option on pension arrangements, unless companies are trying to settle with pensioners for lump-sum amounts that will lessen the plan’s long term liability. The options for periodic distributions will always be for periods less than or up to a year in length.
Periodic distributions can help you sleep better at night, knowing that you have a fixed stream of income for the rest of your life. It may not be enough to sustain your lifestyle completely, but it will give you a sense of financial security and prohibit overspending in a way that the lump-sum distribution does not.
Can I Withdraw Money From My Pension Plan?
What are Periodic Distributions from a 401(k)?
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A good CPA can be a valuable ally. You should find one who works with clients similar to you and who is easy to talk to
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All employees that meet minimum eligibility criteria must be included in a SEP IRA arrangement
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