Pensions - What Should I Do ?

william c asked:


There should be no need to have to hire an attorney and lose 25% of your pension when you file for disability. I know several people who can’t work and are in danger of losing everything because Soc. Sec. will not grant them the pension they deserve. The entire process should only take one month to resolve not a year or longer. People can’t survive that amount of time with no income and no ability to work. This is a disgrace for our country. The opinion of two or three doctors should be all that is required to grant the claim. Most people who file are entitled to the pension and will eventually receive their money but in the meantime they lose their houses and their families break up from the stress involved. This is not the way it is supposed to be in the United States of America. We are supposed to have the right of life, liberty and the persuit of happiness. The government denies us those rights when we become disabled and we are denied our benefits for years.

Sofia

4Rabbitts asked:


I am 53 and not retirement eligible.

Jayden

Hazel asked:


Hi there…I think I have been doing our taxes incorrectly for the last couple of years.

We have one income, my husbands. He has been putting money into a pension and an annuity. Shouldn’t I have received a form from the bank that holds these two accounts saying what he put in there for the year of 2007? And if so, wouldn’t that bring my gross income down for the year, perhaps making my refund even larger?

Bartolome

Your bank belong to us asked:


“The folks who brought you the mortgage mess and the ensuing hedge fund blowups, busted buyouts, and credit market gridlock have another bold idea: buying up and running troubled corporate pension plans. And despite the subprime fiasco, some regulators may soon embrace Wall Street’s latest scheme.”

I’m gonna choke my senators if this shit goes through…
http://www.businessweek.com/print/magazine/content/08_33/b4096000769608.htm

Anna

Christopher F asked:


A major flaw with government today is that we have career politicians. When you run for an elected office it should be because you want to change the current state. It seems now a days that people that run for congress and senate run and do nothing and solve nothing. Which brings me to this. Why do people that we elect recieve pensions? Just because they served doesn’t mean we should have to pay for them to live well after they are done. What if they did a terrible job? Taxpayers still have to flip the bill for their pension. Thats not right if you ask me. If anyone agrees with me I would love to see what the public thinks, and if it is similar how could you get something like this on a ballot for the general public to vote on, so we could save our country money and cut down on the amount government has to shell out for ex-public servants? suggestions….I would love to hear them.

Caleb

dc1621 asked:


I received social security and a railroad pension.

Katherine

skahhh asked:


Who was President at that time? How did they get away with this double taxation? The money had already been taxed once. right? How were they allowed to tax the money again?

Hayden

Internut asked:


For example, how much will be there at retirement or how much must be contributed to get a certain amount or future value, present value, or something.

Carol

shirlrn2351 asked:


we are both retired from NY state jobs, we want to move out of NY, but don’t want to pay income tax on pensions.

Gabrielle

Barry S asked:


when you pay into a pension in most countries you get tax relief that is you do not pay tax on that amount is this the case in america

Nicholas