Defined benefit pensions, the ones that payout monthly, are strange animals.  They are rare today except where unions and public agencies are found, and they can produce some odd results.

Carl Jagnow married his wife Sharon in 1983.  They both taught school and both participated in the Public-School Employment Retirement System (PSERS).  Husband retired in

I attended a seminar offered by accountant, Mitchell E. Benson, CPA, MT, CFF (Savran Benson LLP), Brian C. Vertz, Esquire (Pollock Begg) and Aliah Molczan (Savran Benson LLP) on July 9, 2020.  One of the topics discussed was the Payroll Protection Plan (PPP) loans, which were distributed in the second quarter of 2020 to allow