Employment Law

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Related Employment Law Questions
I was in the union for 23 years. i would like to withdrawl
i was in the union for 23 years. i would like to withdrawl my pension from my account to put in a 104k or something equivalent. i'm afraid the union may "lose" the funds before i retire....am i able t… read more
Thelawman2
Thelawman2
Doctoral Degree
3,174 satisfied customers
As per earlier discussion I live in NY and will be off soon.
this question is for melissamesq. As per earlier discussion I live in NY and will be laid off soon. I also have employer pension which I can draw upon termination. I have a choice to draw this in larg… read more
melissamesq
melissamesq
Attorney
Doctoral Degree
1,103 satisfied customers
I have been receiving monthly pension payments for 2
I have been receiving monthly pension payments for 2 years,can I roll over my remaining balance into a IRA. The pension comes from a retirement fund.… read more
Attorney Wendy
Attorney Wendy
Member
Juris Doctorate
4,102 satisfied customers
I am having a very difficult time receiving unempoyment
Hello. I am having a very difficult time receiving unempoyment income. I worked for the same company for over 16 years and was separated by company wide downsizing. I have had a horrible experience re… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
22,683 satisfied customers
I have heard of people taking an early (voluntary)
I have heard of people taking an early (voluntary) retirement and getting their pension payout in a lump sum fashion (not necc. due to downsizing but because it's simply offered) then also applying fo… read more
Marsha411JD
Marsha411JD
Lawyer
Doctoral Degree
12,620 satisfied customers
I have a lump sum pension available this month from a job I
I have a lump sum pension available this month from a job I had 20 years ago. I also have a 401k account at my current job. I am 64 and one half years of age. Can I take the lump sum and roll it over … read more
John
John
Employment Lawyer
Doctoral Degree
4,234 satisfied customers
I retired from a law enforcement agency 8 years ago due to
I retired from a law enforcement agency 8 years ago due to disability and rolled over my state pension benefits into a private IRA in it's entirety at the time of my retirement...I have been receiving… read more
Isaac, Esq.
Isaac, Esq.
Attorney
Doctoral Degree
3,007 satisfied customers
My wife, a 60 year old RN, has been layed off and looking for
My wife, a 60 year old RN, has been layed off and looking for work since Nov 2013 and also collecting unemployment insurance benefits. Two weeks ago, about Apr 7, 2014, she discovered she had a pensio… read more
Marsha411JD
Marsha411JD
Lawyer
Doctoral Degree
12,620 satisfied customers
I recently started collecting unemployment benefits. I rolled
I recently started collecting unemployment benefits. I rolled over the majority of my 401k. I asked the bank rep I spoke to if I could take part of the money out to open an IRA at a different bank. He… read more
Ray
Ray
Employment lawyer
Doctoral Degree
2,720 satisfied customers
I have a fully vested pension with my former employer that
I have a fully vested pension with my former employer that has been sitting for 4 years. I am 591/2 and still working but I would like to collect my pension benefits from that plan either as additiona… read more
Marsha411JD
Marsha411JD
Lawyer
Doctoral Degree
12,620 satisfied customers
I was laid off in November, 2011 and I have been collecting
I was laid off in November, 2011 and I have been collecting unemployment benefits to date. My former employer provided me a fully funded pension with several choices on how to collect the sum anytime … read more
Tina
Tina
Attorney and Counselor at Law, Mediator
Doctoral Degree
31,168 satisfied customers
i am currently receiving unemployment. During my employment,
i am currently receiving unemployment. During my employment, I was a non contributor of a retirement pension plan. I opted for the a larger portion to rollover to an IRA and $5000 be paid to me in a l… read more
Attorney Arcadier
Attorney Arcadier
Managing Attorney Partner
Doctoral Degree
197 satisfied customers
I was fired from my job after 32 years. I have a fully vested
I was fired from my job after 32 years. I have a fully vested Profit Sharing Pension Plan at work. I have told my employer repeatedly that I want to roll-over my share of the plan to my personal IRA b… read more
Loren
Loren
39,196 satisfied customers
i used to work for new york city transit(mta) our pension was
i used to work for new york city transit(mta) our pension was thru NYCERS. New York City Employment Retirement Sytem to which most of New York city employees and state employees belong. I have left th… read more
ScottyMacEsq
ScottyMacEsq
Lawyer
Doctoral Degree
3,199 satisfied customers
Hello, On 09/30/2008 I was terminated by a Company (Co) in
Hello, On 09/30/2008 I was terminated by a Company (Co) in result of the reduction in force. I was born 02/01/1945. I had 10.33 years of service with the Co including 9.25 years of credited service wi… read more
Alexia Esq.
Alexia Esq.
Managing Lawyer/Advocate
Doctoral Degree
10,115 satisfied customers
If I take a distribution from MY 401k in Texas, will it affect
If I take a distribution from MY 401k in Texas, will it affect my unemployment insurance status or payments? My former employer is hostile and he would surely use any ammo. I give him! HELP… read more
Marsha411JD
Marsha411JD
Lawyer
Doctoral Degree
12,620 satisfied customers
I was laid off from my company over 9 months ago and they have
I was laid off from my company over 9 months ago and they have yet to give me options even though I have requested them several times, to have my pension rolled over into a private ira. I am vested in… read more
Phillips Esq.
Phillips Esq.
Attorney
JD
22,683 satisfied customers
I was employed by Moodys from 06/01/1998 until 09/30/ 2008,
I was employed by Moody's from 06/01/1998 until 09/30/ 2008, when I was discharged, purportedly due to the elimination of my position. At that time, I was 63 years old. On January 3, 2009 I received P… read more
Law Educator, Esq.
Law Educator, Esq.
131,217 satisfied customers

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DISCLAIMER: Answers from Experts on JustAnswer are not substitutes for the advice of an attorney. JustAnswer is a public forum and questions and responses are not private or confidential or protected by the attorney-client privilege. The Expert above is not your attorney, and the response above is not legal advice. You should not read this response to propose specific action or address specific circumstances, but only to give you a sense of general principles of law that might affect the situation you describe. Application of these general principles to particular circumstances must be done by a lawyer who has spoken with you in confidence, learned all relevant information, and explored various options. Before acting on these general principles, you should hire a lawyer licensed to practice law in the jurisdiction to which your question pertains.

The responses above are from individual Experts, not JustAnswer. The site and services are provided “as is”. To view the verified credential of an Expert, click on the “Verified” symbol in the Expert’s profile. This site is not for emergency questions which should be directed immediately by telephone or in-person to qualified professionals. Please carefully read the Terms of Service (last updated February 8, 2012).

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