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In general. it's not a good idea for most people to take out loans if you have access to funds of your own ("considerable assets > $1M"), especially in retirement.  Is there any reason you don't want to use your existing funds?
sktn77a 11-08-2022 11:46 AM
1
Reply
0
Kudos
485
Views
Yep, the government pension plan failsafe is..........  the taxpayer!!!
sktn77a 11-08-2022 11:36 AM
0
Replies
0
Kudos
513
Views
Sadly, there is most certainly cause for concern regarding the fate of "entitlement" programs under a predominantly republican administration.  What form changes to the programs would take, of course, is unknown but AARP and its members should remain...
sktn77a 11-05-2022 01:31 PM
0
Replies
1
Kudo
1161
Views
I'm not an expert, but my understanding of a "lift out" is that the employer turns over the pension (fund) to an insurance company who invests it and pays out annuity payments to the pensioner.  The employer then has washed its hands of the pension, ...
sktn77a 11-04-2022 01:28 PM
0
Replies
0
Kudos
660
Views
Hmmm.........  Interesting.  Medicare is going down next year.
sktn77a 10-12-2022 04:40 PM
0
Replies
0
Kudos
569
Views
In general. it's not a good idea for most people to take out loans if you have access to funds of your own ("considerable assets > $1M"), especially in retirement.  Is there any reason you don't want to use your existing funds?
sktn77a 11-08-2022 11:46 AM
1
Reply
0
Kudos
485
Views
Yep, the government pension plan failsafe is..........  the taxpayer!!!
sktn77a 11-08-2022 11:36 AM
0
Replies
0
Kudos
513
Views
Sadly, there is most certainly cause for concern regarding the fate of "entitlement" programs under a predominantly republican administration.  What form changes to the programs would take, of course, is unknown but AARP and its members should remain...
sktn77a 11-05-2022 01:31 PM
0
Replies
1
Kudo
1161
Views
I'm not an expert, but my understanding of a "lift out" is that the employer turns over the pension (fund) to an insurance company who invests it and pays out annuity payments to the pensioner.  The employer then has washed its hands of the pension, ...
sktn77a 11-04-2022 01:28 PM
0
Replies
0
Kudos
660
Views
Hmmm.........  Interesting.  Medicare is going down next year.
sktn77a 10-12-2022 04:40 PM
0
Replies
0
Kudos
569
Views
In general. it's not a good idea for most people to take out loans if you have access to funds of your own ("considerable assets > $1M"), especially in retirement.  Is there any reason you don't want to use your existing funds?
sktn77a 11-08-2022 11:46 AM
1
Reply
0
Kudos
485
Views
Yep, the government pension plan failsafe is..........  the taxpayer!!!
sktn77a 11-08-2022 11:36 AM
0
Replies
0
Kudos
513
Views
Sadly, there is most certainly cause for concern regarding the fate of "entitlement" programs under a predominantly republican administration.  What form changes to the programs would take, of course, is unknown but AARP and its members should remain...
sktn77a 11-05-2022 01:31 PM
0
Replies
1
Kudo
1161
Views
I'm not an expert, but my understanding of a "lift out" is that the employer turns over the pension (fund) to an insurance company who invests it and pays out annuity payments to the pensioner.  The employer then has washed its hands of the pension, ...
sktn77a 11-04-2022 01:28 PM
0
Replies
0
Kudos
660
Views
Hmmm.........  Interesting.  Medicare is going down next year.
sktn77a 10-12-2022 04:40 PM
0
Replies
0
Kudos
569
Views
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Date Registered ‎04-06-2013 07:07 PM
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Total Messages Posted 75
Total Kudos Received 18
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