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Hello! My name is***** to JustAnswer. I'm reviewing your question now, and will post back with your reply momentarily.
It seems that you have a potential investor thinking to use his pension to invest in your business.
Now, what does the investor mean by "pension", and do you know?
A pension plan by definition is held by his former employer. A pension plan is a defined benefit plan. The plan is held by the plan administrator. The beneficiary at the most gets monthly payment.
If he is thinking to use self direct IRA or 401(k), etc., it is more complicated than you want to get involved
I am glad that you specified your question.
The check needs to come from him no matter what. Otherwise, you are getting involved with potential problem with how he manages his retirement plan(s).
Please feel free to follow up.
Fiona Chen, MPA, Ph.D., CPA, ABV, CFF, CITP