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<blockquote data-quote="NC man" data-source="post: 4861947" data-attributes="member: 81695"><p>The portable is lump sum or monthly payment ,you decide when you retire.to avoid a tax hit on lump sum you can move it to Ira rollover and take funds out as you desire. Supposedly you can delay taking it when you retire but not pause off and on.Either monthly payment or lump sum.</p><p>Mine will be 100k at Dec this yr or 458 month til I die at which time my wife would rec til she dies if I pass before her. I would rather do rollovervira and move the lump sum to it,invest it and draw from as I see fit.</p></blockquote><p></p>
[QUOTE="NC man, post: 4861947, member: 81695"] The portable is lump sum or monthly payment ,you decide when you retire.to avoid a tax hit on lump sum you can move it to Ira rollover and take funds out as you desire. Supposedly you can delay taking it when you retire but not pause off and on.Either monthly payment or lump sum. Mine will be 100k at Dec this yr or 458 month til I die at which time my wife would rec til she dies if I pass before her. I would rather do rollovervira and move the lump sum to it,invest it and draw from as I see fit. [/QUOTE]
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