With a lump-sum distribution of your retirement benefits,you must pay all of the income taxes on the entire amount up front.

Name: With a lump-sum distribution of your retirement benefits,you must pay all of the income taxes on the entire amount up front.
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With a lump-sum distribution, all of the retirement benefits are paid out at once and the recipient is responsible for paying all of the income taxes on the entire amount in the year that it is received.

With a Lump-Sum Distribution of Your Retirement Benefits,you Must Pay