Welcome New User! ( Create Account | Sign In )

Our members earned over $8,000.00 last month! Join Us

How WebAnswers Works|Become an Expert|FAQs|Advanced Search | Leaderboards | Earn Money
Maximize

Start earning today!

You are here: Home   Categories   Finance & Investing  Pension Plan
  Previous | Next  
 
 
Pension Plan On 8/5/08 i was layed off. i contacted the person who handles our Pension Plan. this Plan...
Pension Plan I have a corporation ad my db Plan for 2009 is about $100k, my question is how soon i need...
Cannot locate my Pension Plan Worked for hansen group inc. and contributed to my 401 k Plan. i am wanting to apply for my...
Cannot locate my Pension Plan, vested Plan. I worked for continental can co / continental group in tyler, tx from 1969 thru 1981, and...
Are registered Pension Plan contributions taxable As an employer, i pay directly into a registered Pension Plan for my employee. do i have...


Get paid for participating

Ask questions - It's FREE Get answers within minutes.
Fun, fast and easy. Share your opinions with our community. Earn money for answering. See how.

This Question has not been awarded yet.

Post your answer now!

Find more related questions to Pension Plan
Question

Submitted 277 days ago...

Amnios923

Amnios923

New User (1)

Pension Plan

I have 50K in a pension plan and want to use it for my business. I have set up a Roth IRA and will roll the lump sum into the IRA.

I know there is 20% taxation on the lump sum but how can I maximize my money without major taxation. I want to utilize the money for expenses.

How does the money get taxed at years end. I don't want to create a major tax hole.

Share | Abuse |
 
Answers
No Answers have been posted yet.
 
 
 

Answer This Question Now

Pension Plan

If your Answer is chosen as the “accepted” answer, you will earn ongoing royalties on this thread.
Simply type your Answer in the box below and post your answer.

Learn more about how WebAnswers.com works

Email Subscriptions

Author adds clarification

All new responses

Related Questions
Can somone sue and get my ssi disablity and pension plan?

My x husband kept credit cards that I paid off. He used them for his cambling habits. He passed away and they all the cards came to me. Being sued for payment of one. All I recieve is ssi and pensions....

Open | Category: Legal | 0 Replies
What are the penalities for cashing out a pension before age 55 for hardship

I have a pension plan and I am 47 years old. I have breast cancer and have fallen on difficult times--can I cash the pension plan out and how much money will I lose?

Open | Category: 401k | 0 Replies
Can I use my pension plan payments to fund a Roth IRA?

I get over $5,000 in payments from my pension fund. Can I use this money to open a Roth IRA for 2007?

Open | Category: Taxes | 0 Replies
Contributory pension plan?

Open | Category: Business | 0 Replies
What is reverse pension plan?

Open | Category: Other & Miscellaneous | 0 Replies
 
answers
Overview | FAQs | Contact Us | Member Agreement | Privacy Policy | Site Map | Partners
Copyright © WebAnswers 2010. All rights reserved.