Archive for March, 2010

What states do not tax an Illinois pension as income as long as I move to that state?

Wednesday, March 31st, 2010
Lora J asked:


I have earned a pension in Illinois. What states can I move to and not have my pension taxed as income?

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Can you close a Stakeholder Pension and get the money back that you paid in?

Tuesday, March 30th, 2010
andrewdavidjackson asked:


I am 29 and live in the UK and had a Stakeholder Pension up to last year. I moved jobs and this pension is now in limbo. I haven’t paid much into it and was wondering if I can actually get at this money and close the pension seen as how times are hard at the moment? Can anyone help?

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How can I join a police pension?

Saturday, March 27th, 2010
j.j. walker asked:


I have been a police officer for three years. I recently joined a new police department that does not have a police pension are there any options that I have to join an independent pension or start my own? Help!

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When does day one of pension contribution time actually start after joining the US Navy?

Wednesday, March 24th, 2010
Seeker1898 asked:


Hi all! I’m thinking about enlisting in the US Navy in less than two years from now. When does day one of my pension contribution time actually start after joining the US Navy? Does it start the minute I sign on the dotted line of the contract, before/after boot camp, first day at A or C school, first day of first duty assignment, or at another time? If I go in, which I think I’ll end up doing, I want to get the make sure that every minute towards my military retirement in 20 years counts. I’ll initially go in as an E-3 but after boot camp is over, I was told by a Navy recruiter that I’ll be an E-5 because of my college education. But when I go in less than two years from now, I’ll also have a Master’s degree. Any answers would be greatly appreciated! Thanks!

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how can I turn my monthly pension into a lump sum payment?

Wednesday, March 24th, 2010
Randi M asked:


I got out of the Steelworkers union about 2 years ago after ten years of membership. I will be getting a small pension soon is there any company that will buy it out?

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Canada is awarding me an old age pension of less than $100 a month, qualifying based on US work and residence.

Tuesday, March 23rd, 2010
Zujiya asked:


Tax authorities assured me that as a US citizen I may continue to receive that amount by reason of a treaty between Canada and U. S. when I move out of Canada to live permanently in another country not the U. S.

As a non-resident would I have to file an income tax return in Canada to report that pension income?
Madpol1…have US retirement benefits, too, thank you, Uncle Sam. Thanks for the input, and for the star!

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Tuesday, March 23rd, 2010

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Tuesday, March 23rd, 2010

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What tax form do I use to file my taxes if I had a pay out from a pension plan?

Monday, March 22nd, 2010
cat21159 asked:


Before I left my previous job, I got money from the companies pension plan. I need to know what tax form to use. I have been using 1040ez.

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I have a Union official that is collecting a disability pension and working?

Monday, March 22nd, 2010
Kevin R asked:


One of my business agents in my local is collecting his full disability pension and working 40 hours a week in our Hall. Isn’t this Illegal?

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