I was perusing the latest asset/liability info sent by the pension plan. It is, of course, only from Jan 1, 2009. While I understood the decrease in plan...
In order to "convert" IBM's annuity into a lumpsum a interest rate has to be selected. Historically this what the 30-year Treasury rate. I recall legislation...
FYI. http://sec.gov/Archives/edgar/data/51143/000104746910001151/a2195966zex-13.htm ... During the year ended December 31, 2009, the company approved changes...
The recently passed health care bill includes a couple of changes that by law would be in effect within 6 months of bill passage. IBM's statement to employees...
Looks at least somewhat familiar, doesn't it? http://online.wsj.com/article/SB10001424052702304172404575168240583359882.html#articleTabs%3Darticle Excerpts: ...
http://www.washingtonpost.com/wp-dyn/content/article/2010/05/10/AR2010051001306_pf.html ... For coverage years beginning before 2014, group plans that have...
I'm already on Medicare and my wife will start soon this year. I've started to review my new options. The plan closest to my current IBM coverage is - IBM...
York was one of the most over-rated, under-skilled to have a high profile executive position. Some day, when the smoke clears, in my opinion, history will...
http://www.reuters.com/article/idUSN1914020220100319 Within the first year of enactment: "A temporary reinsurance program is created to help companies maintain...
http://www.businessinsurance.com/article/20100425/ISSUE01/304259951 Funding of largest pension plans improves: Milliman Jerry Geisel Pension plan funding...
http://online.wsj.com/article/SB10001424052702304703104575174293867620832.html ... The Justice Department is stepping up its investigation into hiring...
http://www.usatoday.com/money/autos/2010-03-18-jerry-york_N.htm Jerome York, a board member at Apple, and a financial wizard who is credited with turning...
Can someone confirm the following assumptions for the Prior Plan pension plan 1) If you are qualified for retirement and die before retiring your spouse will...
My investment advisor suggested a strategy which I'm a bit leery of. Even though I'm maxed out with my pre-tax TDSP contribution, he is recommending that I...
I left IBM after 23+ years there. I am under the OLD Plan. I am eligible to collect my pension starting at age 55. Will the Lawsuit COOPER vs IBM be paid out...
This extract from the answer to my email to IRS on Jan 31 was sent to me on FEB 8,2010 The Answer To Your Question Is: Dear Taxpayer, Thank you for your...
http://finance.yahoo.com/news/IBM-Japan-to-appeal-tax-apf-3557092273.html?x=0&.v=1 ... IBM's Japan unit said Thursday it will fight an assessment by tax...
By STEPHEN MILLER Turnaround expert Jerome York died after being stricken with a brain aneurysm. After forging a reputation as a turnaround expert at Chrysler...
I've been doing a bit of investment research, myself and have read that it is perfectly legal now to convert amounts into a Roth despite income level. I loved...
OK, I just got RA'ed yesterday. Initially given an exit date of March 31, then just a few hours later extended to May 31, LOL. Plus I get the 6-months...
I asked a question of the IRS on their website - Some might be interested in the answer Dear Taxpayer, Thank you for your inquiry, I apologize for the delayed...
http://money.cnn.com/2010/03/03/pf/retirement_delay/index.htm ... More people say they just don't have the money to retire these days. Seventy-two percent of...
I was RA'ed last year and my severance is now dry. Can I draw on my cash balance pension without any withdrawal penalties while I am still collecting...
I have 30+ years at IBM and am thinking of retiring soon. I have been running thru different retirement dates and payment start dates on the NetBenefits site...
What is my next step? I requested a pension estimate and a document. They sent the document right away with a letter saying that the estimate would come under...
