Withdrawal from pension
I’m retired (60) my pension(s) areny earning really anything. One small pension total is around $32,500. It would only give about $141. A month. I can use some of that money and bank some. Should I do that at this time?
Terry Says
If you have a true “pension” it would be paid out on a monthly basis — and you have no options.
Are you talking about an Individual Retirement Account? If so, where is it invested or is it in a bank?
I need more details before I can respond.
