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O.J. pension question

Posted on 7/25/17 at 11:47 pm
Posted by matthew25
Member since Jun 2012
9425 posts
Posted on 7/25/17 at 11:47 pm
USA Today reported 7/18 that The Juice invested $5 million many years ago in a personal pension (plus he has actor's union pension and NFL union pension - the NFL pays $1700 per month). Income is about $25k per month.

How can one purchase a "personal pension" and thus keep it our of reach of creditors (Goldman and Brown families)?

Is this an annuity? If so, creditors cannot touch?
Posted by Parmen
Member since Apr 2016
18317 posts
Posted on 7/26/17 at 12:06 am to
His pensions are untouchable.
Posted by BARNEYSTINSON
Member since Oct 2011
772 posts
Posted on 7/26/17 at 7:34 am to
Most likely an annuity, as they are creditor proof.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72354 posts
Posted on 7/26/17 at 7:56 am to
"I'm NOT BLACK......I'm OJ!!!!!!!!"
Posted by baldona
Florida
Member since Feb 2016
20368 posts
Posted on 7/26/17 at 9:28 am to
I thought I read that his NFL pension was like $20k a month? Could very well just be all his pensions combined though, that would make more sense.
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