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re: Cashing out retirement pension - Options

Posted on 8/22/23 at 10:24 am to
Posted by Teddy Ruxpin
Member since Oct 2006
39625 posts
Posted on 8/22/23 at 10:24 am to
quote:

Just curious - if you don't take the 13k out, what will that equate to in monthly payments once retirement starts?


My guess with him working a "handful of years" and only having $13k in the system, he's not eligible for any payments.
This post was edited on 8/22/23 at 10:25 am
Posted by BayouBengal23
BR
Member since Mar 2019
575 posts
Posted on 8/22/23 at 10:25 am to
quote:

My guess with him working a "few years" and only having $13k in the system, he's not eligible for any payments.


That is correct. Only after 20 can you do that.
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