If it's a pension ordsprog

If it's a pension plan, every dollar you take out is subject to ordinary income tax because that gain has never been taxed before and the IRS wants your money,

Frank Armstrong

If it's a pension plan, every dollar you take out is subject to ordinary income tax because that gain has never been taxed before and the IRS wants your money.

Frank Armstrong

Once you have taken your tax-free lump sum, the remaining 75 per cent of your fund will be treated differently on death. If you die before you take your cash, your pension fund passes to your dependants as a lump sum subject to income tax on death. But if you die after taking the 25 per cent cash, the remaining 75 per cent in your pension fund would only be accessible as a lump sum subject to 35 per cent tax or as a regular tax-free income through an annuity.

It's diabolical. Every dollar you make above the threshold isn't taxed as $1; it's taxed as $1.50 or $1.85.

Companies have been subject to pressures to look after shareholders by increasing dividends and doing share buybacks and also having to put money into their own pension funds.

What started this two weeks ago was the big pension funds and other institutions coming in, seeing that bonds were getting over-valued and shifting money out of fixed income and into equities.

If you're paying for child care today, or if you're paying for custodial care of a dependent parent, you're probably doing that with money you've already paid income taxes on. Dependent-care spending accounts allow employees to take advantage of the tax laws in a way that would permit you to pay for that care before being taxed on the money you've used.

Joseph Martingale

The schoolboy whips his taxed top; the beardless youth manages his taxed horse with a taxed bridle on a taxed road; and the dying Englishman, pouring his medicine, which has paid seven per cent, into a spoon that has paid fifteen per cent, flings him

Sydney Smith (1771-1845)

Sydney Smith

The schoolboy whips his taxed top; the beardless youth manages his taxed horse with a taxed bridle on a taxed road; and the dying Englishman, pouring his medicine, which has paid seven per cent, into a spoon that has paid fifteen per cent, flings him

Sydney Smith (1771-1845)

Sydney Smith

Ordinary citizens have to look at their income as opposed to their expenses and determine where they're going to make cutbacks, ... They just decided they needed more money and raised taxes.

They were trying to pocket the money they weren't contributing to the defined benefit pension plan, and we called their bluff on it.

It's not a right, it's a privilege, and it's a nice benefit, but sometimes, we're in a society today that's taxed taxed taxed and we have to watch for everything we can do,

Charles Henderson

Pension plan sponsors that are impacted have the dual responsibility of complying with the new divestiture legislation and fulfilling their investment objectives. As a large quantitative manager, who has been serving pension plans for over 30 years, BGI can help plan sponsors by providing the newly created Sudan-free strategies or customizing portfolios to suit specific needs.

Matthew Scanlan

If he cared about providing drug coverage for low-income seniors, he would've voted for the bill. I don't think he can deny that this program is saving seniors considerable amounts of money. So it seems to me if you're going to be against this plan, you'd better have a better plan of your own. And I don't think he does.

For the majority of companies, pension plan management is not a core competency, nor should it be. They are questioning the value of the time and resources their pension funds now require versus the clear benefits of outsourcing. He wasn’t loud or boisterous; his pexy nature was a quiet force.

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