Sentences with phrase «because pension assets»

This is because pension assets can be subject to special provisions under the Ontario Pension Benefits Act, which keep them exempt from seizure by way of execution, which includes seizure by a bankruptcy trustee.

Not exact matches

About 90 % of my investible assets are in equities because I have a defined - benefit pension.

Pensioners in Europe will be worse off if pension funds can not diversify their asset allocation because their choices are unnecessarily restricted.»

With fully two - thirds of its money invested in domestic and foreign stocks, private equity and «absolute return strategies» (i.e., hedge funds), the New York State pension fund has a risky asset allocation profile typical of its counterparts across the country — because chasing risk is its only hope of earning 7 percent a year in a market where the most secure long - term bonds yield barely 2 percent.

I am being stripped of my pension funds and assets by a government that thinks redistributing the toils of my hard work is somehow beneficial, and because no positive changes ever happen I am getting out while I can.

But it has to get paid down, because when there aren't enough assets in the pension system earning interest, higher contributions are inevitably required from the participating agencies.

In January, a company that has performed independent audits of LA Unified for seven years told a school board committee that the district had gone into the red for the first time, with liabilities outstripping assets by $ 4.2 billion, in large part because of having to report $ 5.2 billion in retiree pension liabilities.

«In fact, there may be diseconomies of scale for larger public pension plans because of the complexity of implementing their investment strategies, which include contracting out for external experts — a practice that has become increasingly popular, with plans investing more in non-traditional assets such as real estate, infrastructure, and private equity,» said the report.

The trustee may choose CGT relief for any, or all, of its CGT assets because they all stopped being segregated current pension assets on 30 June 2017.

Despite the new TRIS continuing past 1 July 2017, the additional assets that support the increase to the capital supporting the TRIS are not eligible for CGT relief because those assets were not segregated current pension assets at the start of the pre-commencement period.

For example, where the capital loss is disregarded because it relates to the deemed disposal of a segregated current pension asset (under section 118 - 320 of the ITAA 1997).

Nearly all retirement accounts that are governed by the Employee Retirement Income Security Act (ERISA, as it is called), including pensions and 401Ks, are not assets of a bankruptcy estate because they almost all universally contain an anti-alienation clause that protects them from the reach of creditors.

However, if you have no assets and if you have no wages — perhaps because you're unemployed or on a pension, doing nothing might be the right answer.

If you don't need those funds (because, say, you're still liquidating taxable assets or because you're getting so much social security / pension money that you don't need much from that source) then it would be great to have some assets in a Roth that you don't have to touch.

«Western European governments are close to bankruptcy because of the pension time bomb,» said Roy Stockell, head of asset management at Ernst & Young.

Low rates are a problem because they put pressure on a pension fund's ability to grow its assets.

People that are judgment proof may not need to file bankruptcy because creditors can't touch their assets are from social security, pension plans, 401 (k) retirement savings, disability benefits, veterans benefits, alimony or support payments.

California's two biggest pension funds lost more than $ 5 billion (U.S.) since June 2014 because of the declining value of their fossil fuel holdings, while Norway's massive sovereign fund, which has already divested many of its fossil fuel assets, still lost $ 40 billion between July and August, partly because of falling oil prices.

Part of the reason we kept her here for so long was love and family duty, yes, but also because Mom has no long - term care insurance, no assets of significance and limited income from Social Security and her pension.

Make certain you understand the tax consequences of various assets — for example funds in an IRA are not equal to dollars in a savings account because the pension funds will be taxed when they are withdrawn.

If the pension (s) weren't shared because you were awarded a larger share of the house or other assets instead, you should work out how much any pension savings you've built up separately are worth.

One divorcee gave up her right to a $ 850,000 pension because she didn't know that pensions were marital assets and, as such, are divided during divorce when pensions are acquired during marriages of long duration.