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Location: Westland, Michigan, United States

Graduate of Walsh Institute Of Accountancy (Now Walsh College) Michigan in 1959. Retired in 1987, but still active in the profession **World War II Veteran (Pacific) **PHONE 734-261-1979 **E-MAIL -cpabakem01@yahoo.com **(Domain Name CPASENSE Registered) **Mentioned in the Journal of Accountancy, SmartPros, Tax Prof Blog, CPA2BIZ, CPA Journal, AccountingWEB, CPATrendlines & More **Search Accounting Blogs: http://www.blognetnews.com/accounting (Includes cpasense)**TOPICS - FINANCE - FEDERAL & MICHIGAN TAXES ** Making Sense Of Your Finance & Taxes

Sunday, January 13, 2008

Pension Benefits - Age 62 Or Older

Individuals who are age 62 or older and still working are eligible to receive pension benefits from current or former employers.

The Pension Protection Act of 2006 allows, but does not require, companies to pay pension benefits to such employees.

Individuals should check with their human resources department to see what their plan allows. Most employers probably won't allow it until the IRS issues final regs, which could take months or years. Some employers might never allow it.

AARP

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