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Should I take 100% of my Pension or 75% ?

Dava
Dava
If I take 100% of my pension but it stops when you pass on. Or take

75% of my pension and leave 25% to a beneficiary ? I'am 59 y/o.,single.

I would loose about $150/month/gross if I take the 75% but that money

25% or $790/gross/month would go to my beneficiary. Still deciding !
billwfriend
billwfriend
if you do not have a wife do you have a child? I dunno if I would do that gifting thing...what needs does the beneficiary really have? How long do they get that money? Until you die? if so you are giving a significant gift to them...
billwfriend
billwfriend
the math here above does not work...you lose $150per month but they get $790 per month? How does that work?
Dava
Dava
I have no children. If I take the 75% I lose $150/month/gross because
if I take the 100% I get $150/month more. Once I pass it ends If I take
the 100%. If I take the 75% and then pass on my beneficiary gets 25%
of my income or 790/month/gross until they pass on then it ends. or
if the beneficiary passes on before me and then I pass after it stops as
well .
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