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My kids are grown and we are currently renting in the Chicago Area. I own property in our retirement state, Mississippi and plan to build a home there after I retire at 55. I am already retired form the US Navy and plan to take my pension from my current employer as a Lump Sum Disbursement...

I am planning to take a LSD on a small penion I have to pay cash on a new home in my retirement state. I have a Military pension that I am already drawing. I also plan to do consulting work for an additional 5 to 10 years. Trying to figure out the tax impact of taking the LSD and if using oit...