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Want sell my with profit pension/ transfer to scheme whereican get to the funds? |
Want sell my with profit pension/ transfer to scheme whereican get to the funds? you need to work on your typing and grammar. remember, other people read your questions and they need to be able to understand what you are asking. no |
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Federal law prohibits anyone from using a 401(k) account as collateral for a loan, except for a loan from the plan itself. Most plans allow for a loan of up 50% of your vested balance. However, unl... i would take it from the annuity first == that is why you invested in these things when you were younger -- i never seen anybody take money with them when the died!!! ...From my reading of the Federal Garnishment laws, there are no provisions to exempt federal pension plans from garnishment. I'm not a lawyer though.... ...You can only cash it in if you've been paying in to it for less than 2 years. In those circumstances you can get a refund of your contributions. Otherwise you can't get the money un... First you have to be over 50 already (if not, then to cash in early after 2010 you have to be over 55) .. .. assuming 'yes' then to get your lump sum you are effectively Retiring Ear... First you need to contact the attorney firm handling the freeze. You should have received a form to complete that states reasons why your funds are exempt from lien (SSDI). Apparently a judgement... I think only the chancellor knows where the funds come from for each department. There are more sources of revenue for the government than just taxes, such as international banking investments etc... If you have enough self-control to not spend it, I personally think it's a better deal to take the lump sum as a direct rollover into an IRA, then invest the money in a small-company stock mut... |
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