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re: Pension Lump sum question
Posted on 10/20/23 at 8:05 am to KWL85
Posted on 10/20/23 at 8:05 am to KWL85
I moved mine to an IRA. Reason was the CBP formula was paying a lower interest rate on the balance. Moving it to an IRA allowed me more flexibility around locking in long terms rates. If I had kept it in the CBP, it would have paid about 2.5% this year.
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