401K at age 72, withdraw as an annuity or lump sum

[Ecurb124]

I am 72 and required to start withdrawing from my 401K. 

 It is under $100K. 

I am debating whether to take the lump sum, or an annuity, or simply withdraw the minimum each year. 

What are the tax advantages or disadvantages?

[VolvoGirl]

The main reason would be the tax on it.  You need to take the RMD each year.  If you take a lump sum it will all be taxable now.  And push you into a higher tax bracket.  Or try to spread it out over several years.