Any input on the following would be appreciated:I am 39 and the company I work for is being acquired by a large company with a cash-type pension. My current employer uses the traditiona, old-style pension. We are being offered the opportunity to "cash out" of our original plan and start from zero in the new plan. I would be getting between $50-60K and would immediately roll it over into an IRA. Anyone see any reason why I shouldn't take this opportunity to get my money out now and invest it on my own?
rjm111, Before you take "cash out" you must read thisenclosed website:http://www.fool.com/school/taxes/1999/taxes990618.htmI hope this helps?Good Luck and Fool-on!!!
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