Originally Posted by
sailingfun
Timbo did leave a few things out of the retirement issue. He some how forgot the MPP plan, note money, claim money...
$165,000 of my note/claim money (about $400,000 total) went directly to the IRS, remember? There was no way to roll it over to an IRA/401K at the time so it was all considered taxable income, which put most of us into the highest tax bracket. Uncle Sam was the only one who made out, as usual.
This all happened about the same time my twins were starting college at an out of state university, that's where most of the rest of it went.
