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Message
re: Pension Lump sum question
Posted on 10/19/23 at 9:25 am to AUTimbo
Posted on 10/19/23 at 9:25 am to AUTimbo
His pension is different.
Cash value pensions are basically held in treasuries.
I don't know the rules about secured debt (can a cash value pension be security against debt)?
But it is virtually the same as a 401k without any market upside/risk. Once vested, it is his cash.
Cash value pensions are basically held in treasuries.
I don't know the rules about secured debt (can a cash value pension be security against debt)?
But it is virtually the same as a 401k without any market upside/risk. Once vested, it is his cash.
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