Cashing in Your Pension Early Giving you More Grief than Cash? Call Blue Tax!
Cashing in your pension early can seem like a good idea if you're short on cash, but the taxes have to be paid sometime. This fact is easy to overlook with a large lump sum payment coming to you. This is what happened to Lenora (Los Angeles, CA) when she cashed in her pension in 2009, which ended up granting her a headache along with an IRS debt of over $25,000 for that year. As a result, she also had a sizable debt with the Franchise Tax Board.
When she came to the Blue Tax offices for help, their team of experts knew it would be a challenge to negotiate an affordable ...


