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Five Things to Know About Pension 'Advances'
Retirement CheatSheet Link to more items from this source
Mar. 30, 2015

"If you need money in a pinch you may be tempted to take an advance on your pension. However, if you're not careful, you could get lured into a scam and lose the money you've worked so hard for.... [1] You may not be eligible.... [2] You'll be hit with high fees and interest rates.... [3] Some details might not be in writing.... [4] You might be asked to purchase life insurance.... [5] Financial scams abound."

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