This worksheet helps a financial advisor and their client discuss the key decision points around choosing between a lump sum payment or annuity from a defined benefit pension plan. It lists areas to consider such as taxes, investment risk, control of assets, and ability to roll funds over to an IRA. At the end, the client decides whether to take no action, choose an annuity, take a lump sum with or without rollover, or another option. The advisor and client both sign off on the chosen course of action.