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Lump Sum Pension vs. Annuity Options: What’s Best for You?

As you approach retirement or separation from ExxonMobil, one of the key decisions you’ll face is how to handle your pension benefits. Whether you’re a legacy Mobil Oil employee or a current ExxonMobil team member, you have two main options: the Lump Sum Pension or the Monthly Annuity. Each choice has its own advantages and considerations, so let’s break them down to help you decide which might be best for you.

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