Monday, July 16, 2007

Details, details, details

There are starting to be comments on the blog LLNL:The Corporate Story about details of various pension accounts such as 403B.

Some of the comments are about the rules for moving money to and from this account. Some of the comments are about when money can be removed from this account and under what terms the money can be removed.

I have found that these rules are complex and vary from one type of account to another and, sometimes, from one person to another.

So I suggest that, before taking an action, a person should make sure that they are using the correct rules for each account as those rules apply to them.

At the moment, I do not plan to post all the rules here. There are pages and pages of these rules.

Good luck

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