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When you take a monetary payout in installments, especially in an annuity (yearly installments) you must pay taxes on each installment. While this wouldn't be a problem for a monthly payout, taking a lump sum payout on an annuity means you only have to pay taxes once on it.
Typically a cash settlement will be less than the total of the installments. The advantage is that you have the money all at once. Of course you'll have to pay taxes on it if the settlement isn't exempt from taxes.
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What are the advantages of having events in a company?
what are the advantages of having events in a company
What are the advantages of having an SPC Card?
The advantages of having an SPC Card are discounted purchases of different products and services. One can buy products at discounted prices at over 100 participating retailers.
Advantages of having a retail park?
Lots of shops in one place.
What are the advantages to having a Wells Fargo Visa?
The advantages to having a Wells Fargo Visa card include discounted insurances, reward points, travel and emergency assistance services and auto breakdown cover.
What are the advantages of having a lifetime tracker mortgage?
The advantages of having a lifetime tracker mortgage are that you can pay off your mortgage over a 25 year or longer period of time and you can also adjust your payments by lowering them or increasing them.
What are the advantages of having rent leases?
The advantages of having rent leases are that you spend less money instead of having a mortgage. The less money you spend, the better. Rent leases are very flexible with different incomes as well.
What are the advantages in using the same password in all networks?
You remember it much easier instead of having to remember
What are the advantages of having an air guitar instead of a real one?
- No Noise - Cheaper - Light Weight - No Mistakes
What advantages can you see of having a function rule instead of a table of values?
A table of values is no use if the domain is infinite.
What are the advantages of a wholesaler?
The advantages of a wholesaler is that they are able to deal directly with the public instead of having to rely on a business to sell its goods. This allows the wholesaler to see profits much more quickly.
What are the advantages of having events in a company?
what are the advantages of having events in a company
What is the advantages of having a broad-based skills as contrasted to having just one specialized skills?
Well, than one can be 'Jack of all Trades', instead of 'Master of One'
What is the advantages of having a broad based skills as contrasted to having just one specialized skills?
Well, than one can be 'Jack of all Trades', instead of 'Master of One'
Where can you buy a laptop and pay with installments in Pakistan?
You can buy from Abans. IF your having HSBC card, then there is no interest.
What are the advantages of having a jacuzzi shower?
There are many advantages to having a jacuzzi shower. Some advantages of having a jacuzzi shower is having the opportunity to feel relaxed and having the opportunity to entertain guests.
What are some advantages to having a LCD on camera?
Advantages include having it at a birthday party!
What are advantages and disadvantages of having siblings be co-powers of attorney?
What are advantages and disadvantages of having siblings
