Pension “roll over”
My 45 year old son just received a pension pay out due to his company being bought & reorganized. The new company will not continue the pension. How should he re- invest this money?
Terry Says
HUGE and immediate question: He should ask the company if he can ROLL OVER this distribution into a plan. Get the answer in writing from the former employer.
If he can do the rollover he should — to avoid taxes and keep the money growing tax deferred.
This article will explain how to do that:
https://www.terrysavage.com/rollover-now/
