STATE PENSION FUND DISCOURAGES SPOUSE BENEFITS, STUDY FINDSStephanie Ebbert, GLOBE STAFF
California generally conforms to the pension-related items of the Act, such as early withdrawal penalty and minimum distribution rule changes. However, California does not automatically adapt to the modifications made concerning loans from a qualified retirement account. California does not conform to ...
Effective 1st January 2024, all pensioners on the SSNIT Pension Payroll as of 31st December 2023, have had their monthly pensions increased by fifteen percent (15%). This translates to ten-point-zero-five percent (10.05%) effective increase for the highest-earning pensioners, and thirty-six-p...
Mr. Speaker, in 2017, I was here for the first time as President of the Republic, having won the election of 2016, and having inherited a faltering economy and an expectant people. Between that time and 2020, I sought to deliver on the mandate reposed on me and my party,...
A spouse receiving the IRA, however, can roll those assets into his or her own account and continue to receive protection. A non-spouse cannot commingle inherited IRA assets with their own. Non-spouse beneficiaries aren’t totally out of luck, though. Since many times the intended beneficiary...