I am finally starting to plan for long term financial security and retirement. Good news, I have a pension. My question is, should I feel secure in my pension actually being there when I retire, or should have a separate, backup retirement account? [more inside]
My mom worked for a county agency for over ten years. Now that she'd like to retire, she's noticed that random months of her pension's retirement credits are missing from the agency's records (for months she did in fact work) - these credits total almost a year of retirement. The agency claims that the records from that long ago have been destroyed, and they can't help her show that she actually did work these months. What government agency could help her solve this problem so she doesn't get screwed out of her retirement? Is there anyone who keeps monthly records of employees' work hours? [more inside]
Asking for a friend. YANHL. A couple has divorced, wife has a local civil service pension and husband a federal civilian pension. The judge ruled they would split each pension 50/50, instead of letting them keep their own. She has sent her court order to his pension board and has received acknowledgement. She has been unable to get any answers from the pension board about what happens now. He has left federal service but has not retired. Does she have to wait until he retires to start receiving her monthly checks from the federal system? Can she start getting them when he reaches retirement age even if he's not retired? Who can she contact that will answer her questions? Would CC'ing her Senators/Rep on her emails help or hurt? Thanks.
I'm going to be a part of a due diligence team speaking to the Manhattan financial services firm that manages the retirement plan for a mid-sized company. What should I know before going in? What should I listen for? What should I ask? [more inside]
Military retirement policy: When did the US Army reverse it's policy of not upgrading women who served actively as Colonels to Brigadier Generals upon retirement? (They have always have done so for men). [more inside]
$10,000 available to borrow from a pension plan, and $10,000 in credit card debt. [more inside]
PersonalFinanceFilter: 25 year old looking to start making payments into something pensionesque, but with an international bent. Any suggestions? [more inside]
How can I start saving for retirement when my career will likely take me from the USA to New Zealand? I wish to benefit from the tax-free nature of a saving scheme like the 401k plans, but I do not expect to spend all that much of my career (or lifetime) in the USA. Is there any way to move 401k savings to a similar scheme in New Zealand without losing it all to the tax penalties for early withdrawal? Are there any cunning alternatives? [more inside]