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Subject:  Re: defined benefit pension plan Date:  11/22/2012  3:02 PM
Author:  rainphakir Number:  71069 of 78166

To add to Paul's reply, you say there is a 'big time crunch' but you do not say what the deadlines are.

You don't really have the luxury of TIME - posting on the discussion, waiting for replies, learning/thinking about the advice, answering questions and getting further advice, etc. Time is not your friend in this instance.

You may need to IMMEDIATELY get a lawyer who can write a 'letter of intent' with respect to your choices. This MAY delay the time crunch until such time as you can formulate a plan. Or, it may not... that is why you need a lawyer.

Because you are under the time crunch, it sounds like you need immediate help with the financial information. It might be useful for you to go to a FEE ONLY financial adviser.

Your first question to the adviser is 'how does s/he get paid?'. If the answer is 'a percentage