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Professionals' Column July 13, 2007  RSS feed


Current Pension Topics: Consequences of Loan Default
      Q.: I am 42, a Teacher and have defaulted on my Teachers' Retirement System 403(b) loan. I have paid all the tax and penalties and whatever else the government could get out of me for the default.
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YOUR SOCIAL SECURITY
      The weather has taken a turn for the better and you might be getting ready for a summer vacation. Maybe you'll be at your home away from home for a month or two. Perhaps you plan to pack your clothes and a few books you've been meaning to read. But don't forget another important item you may need: your Medicare card.
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