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Q.: I am a city retiree, age 56, with $200,000 in my IRA. I understand if I adopt a withdrawal plan based on Substantially Equal Periodic Payments (SEPP), I will not be subject to the 10-percent penalty tax imposed on withdrawals made prior to age 59-1/2. More ... Here are eight interesting facts about Social Security for 2008. 1. In 2008, about 50 million Americans will receive Social Security benefits - that's roughly TWICE the number of people who live in the cities of New York, Los Angeles, Chicago, Houston, Philadelphia, Phoenix, San Antonio, San Diego and Dallas combined. More ... Question: I am thinking about leaving city service and joining the private sector. Are there any rules about looking for jobs? Answer: As a city employee, you may not seek, negotiate for, or accept a non-city job with any firm or entity that you are personally involved with in your city job. More ... |
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