this post was submitted on 29 Jul 2023
475 points (91.2% liked)

Memes

45317 readers
2341 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[–] transientDCer 2 points 1 year ago

You can take a lump sum payout or get it paid to you over 20 years. The lump sum is usually around 60% as the other poster said.