Pension buyout

Shecoope

Well-Known Member
So I am a former employee and I received a pension buyout offer last month I signed up for it I wanted to know when will payments be distributed into our personal checking accounts
 

Wally

BrownCafe Innovator & King of Puns
I’m only 31 I’ll put some into a IRA
Allow me to translate:

"Dude, I'm going to rip through this money in no time flat. Most likely I will end up deep in debt to the IRS because I will blow it all before paying taxes".
 
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MattM

Well-Known Member
What were your options if you don’t mind me asking? If I quit today, the offer may not be much. Why not just roll it all over and let it sit. Are you getting pennies on the dollar in lump sum?
 
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