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|Subject: Re: Cashing out Pension to IRA?||Date: 12/30/2003 3:06 PM|
|Author: ResNullius||Number: 38309 of 75379|
I have a pension plan from an old employer and I'm wondering if I should keep it in place (Wachovia) or should I cash it out and invest those funds in an IRA (traditional).
I'm 52 and hope to retire at 65.
Please let me know what I should be considering here...
I guess this would depend on a lot issues I don't know enough about to comment on. On the other hand, unless it would torch my balance from taxes and fees, I would do whatever it takes to get away from Wachovia. First Union is the real name here, hiding behind it's new name of Wachovia, and First Union is the same old corrupt bank it's always been.
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