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Confused about what to do with a pension at an old employer. Convert, roll, or leave alone for decades?
Confused about what to do with a pension at an old employer. Convert, roll, or leave alone for decades? I left an employer last year where I had a fully vested pension. I contributed nothing to it - it was a perk of working there. I would not draw from it for at least 25 more years. They made an offer for me to cash out, where I can roll the lump sum ($20k) to another retirement account. Otherwise, it is projected to pay me $800/month before tax ...
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