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Loren, Lawyer
Category: Employment Law
Satisfied Customers: 33485
Experience:  More than 30 years in legal practice.
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63 years old and retired from railroad - looking to start an

Customer Question

63 years old and retired from railroad - looking to start an LLC, I have been ask to contract to a company that trains RR employees and provides Temp worker - If i have a LLC and I am the member along with my wife will this effect my RR retirement?
JA: No, you can ask a one off question to try things out.
Customer: One off question?
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Customer: okay sounds great
JA: Have you talked to a lawyer yet?
Customer: no only a LLC service company PARSEC they recommend checking with an attorney
JA: Anything else you think the lawyer should know?
Customer: no just need advise on how not to effect my Railroad Retirement
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Submitted: 1 year ago.
Category: Employment Law
Expert:  Loren replied 1 year ago.

Good afternoon. I am Loren, a licensed attorney, and I look forward to assisting you.

Typically, once your pension has vested there should be no impact by a new income source. Once you are vested, the pension is yours.

I do not see why there could be any impact on your vested pension, but you may want to confirm for your particular pension with a call to the plan administrator.

Expert:  Loren replied 1 year ago.

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