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April 15, 2025
Question

Can I Carry Over or Average Make up Pension Payments

  • April 15, 2025
  • 1 reply
  • 0 views

In 2025 I received 6 months worth of 2024 DB Pension payments, because of a delay in starting and receiving my pension in 2024. Is there a way to average the this lump sum of payments over several years ?

1 reply

April 29, 2025

No, sorry.  Income is taxed when it is received, even lump sums.