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Pension deductions?
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<blockquote data-quote="Ms.PacMan" data-source="post: 2305360" data-attributes="member: 4656"><p>Ok but the problem with that brochure is the $40,000 in the pension plan must also be invested and they are saying that using the best case scenario (60/40) for the last 10 yrs it only amounted to $64,000 and that $64,000 only buys an annuity amounting to next to nothing.....I hear what you're saying that the amounts are different but this question would remain the same. Has your pension had better returns then the "best case scenario" in the last 10 yrs.?</p><p></p><p>That brochure is hoodwinking you all.</p></blockquote><p></p>
[QUOTE="Ms.PacMan, post: 2305360, member: 4656"] Ok but the problem with that brochure is the $40,000 in the pension plan must also be invested and they are saying that using the best case scenario (60/40) for the last 10 yrs it only amounted to $64,000 and that $64,000 only buys an annuity amounting to next to nothing.....I hear what you're saying that the amounts are different but this question would remain the same. Has your pension had better returns then the "best case scenario" in the last 10 yrs.? That brochure is hoodwinking you all. [/QUOTE]
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