The income leveling is BAD, unless you don't expect to live long past the leveling period or you are in desperate need for the little bump to tide you over...
Yeah... $105K (depending on the details of age etc...) would only "buy" an immediate annuity of about $650/month.... vs. the $1000/month.... for sure it is...
The significance of this ruling is another example, in line with the de-regulation of banking that allowed one out of six mortgages to default and bankruptcy,...
We've had AETNA Golden Medicare (both over 65) for the past five years and overall we are slightly pleased with them. Why do I say slightly pleased and still...
I cannot speak to Aetna Medical insurance. My past experience with Aetna Auto insurance was when I submitted a legitimate claim to Aetna, they took the...
I just wanted to remind everyone that when the pension suit was being fought, there were certain politicians that came to our aid and whom I have fond...
Pension rights advocacy groups will have a friend in the Whitehouse with Rahm Emanuel as Whitehouse Chief of Staff. During our struggle with IBM, Rahm...
http://financialweek.com/apps/pbcs.dll/article?AID=/20081109/REG/311109974 ... Corporations are expected to impress upon President-elect Barack Obama and...
GM announced that they are eliminating health care coverage for their retirees. Protected are retirees retiring union contracts. GM is raising pension checks...
FWIW - keep in mind that such makeup may not have to be made until late next year. I suspect a lot of fear mongering is going on. Yes, the funds have taken a...
http://tinyurl.com/5j43vl How to save your retirement With the risk to your No. 1 goal growing, you may be wondering what to do now. Walter Updegrave,...
http://tinyurl.com/5rll8y Another Fancy Disaster You Didn't Need - Pension Fund Vapors By: Investors Daily Edge Thursday, November 06, 2008 9:33 AM Sectors:...
http://tinyurl.com/5e9po6 Sun Shareholders Vote for Say in Exec Pay Alexei Oreskovic 11/05/08 - 05:22 PM EST SANTA CLARA, Calif. -- A day after voters ousted...
http://triangle.bizjournals.com/triangle/gen/index/ Monday, November 10, 2008 - 2:51 PM EST R.H. Donnelley to freeze pension plans Triangle Business Journal -...
... late next year. ... taken a hit. But remember we are talking about Future funding of existing retirees being at issue, rather than the next year or two......
http://tinyurl.com/68y8sx Companies push Congress for pension relief By STEPHEN MANNING – 6 hours ago WASHINGTON (AP) — With pension funds facing billions...
Talking about the possible death of some/many pensions it makes one wonder.... Typically folks say you should never take your lump sum option when you retire...
You are missing what the actual annuity would be, closer to $1500 per month. There are a lot of good things in taking the partial lump sum, that most miss....
That is sort of what I was thinking. A large lump sum like that if one is in debt could go a long way to reducing that debt which magnifies its benefit. I do...
"Roll it into a Roth and you have instant access to the initially entered funds." Please see a competent investment advisor before doing this. It may not be...
Law may block pension funds. Some can only receive 50 percent, or nothing! PLAINVIEW, N.Y. — Americans who thought their money was safely put away in...
I don't understand why employers continue to gamble with pension funds. Once a defined benefit plan (like IBM's plan) is fully funded, move the funds into...
... funds. ... believe ... years ago. They think are untouchable, unstoppable, immune to risk, and able to make money like there is no tomorrow. That is why...
... The article posted in http://finance.groups.yahoo.com/group/ibmpension/message/66918 ... Under another provision in the PPA, companies with defined-benefit...
My understanding of the law is that this applies to payouts of lump sums, not monthly annuity checks. Paying out lump sums depletes a pension fund of assets...
How can IBM be in trouble when Sam Palmisano paid himeself $70 Million in Stock Options in August? ... pension ... a ... leaves ... around. ... put away ... ...
In the late 80's there were 125,000 defined benefit pension funds, today there are less than 17,000. How is that possible? Everything is possible if you have...
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