Many states have either expressly or indirectly discouraged lump sum awards because of the temptation that a sudden influx of money can have for some workers.

Name: Many states have either expressly or indirectly discouraged lump sum awards because of the temptation that a sudden influx of money can have for some workers.
Brand: Quizplus
Rating: 4.9 (58 reviews)

Question

Quizplus · Accepted Answer

Lump sum awards can create a temptation for some workers to spend their money quickly or make poor financial decisions, which is why many states discourage them.

Many States Have Either Expressly or Indirectly Discouraged Lump Sum