Generally this won’t be an option that your plan allows, but the IRS has approved it if the employer wants to. Generally speaking, you cannot.
Hypothetically, if allowed in the plan document, and if the pension fund had enough of a surplus to handle such withdrawals, the IRS might find it permissible. The laws concerning such loans are the same for all qualified accounts, such as 401(k)s.
An enrolled actuary would need to help you define when a loan might be allowable in particular deferred benefit plan. A Pension’s main goal is to pay out in retirement for the duration of the obligation, which may be your life and possibly the life of your spouse. Because of the massive liability they shoulder, pensions are inherently rigid and uncompromising when it comes to loans and withdrawals.
Very small employers, however, such as partnerships, may find that including loan or early withdrawal provisions in their plan is possible and advantageous to them. Some companies might allow a loan against your pension, but this is very rare, so don’t count on it.
Generally speaking, if your portfolio is run by professional investment managers, you should check the performance...
Large Cap mutual funds primarily invest in companies with the highest market capitalizations
Keogh plans are any type of qualified plan at a sole proprietorship or partnership
Investment grade refers to the highest quality of debt available, and usually means the bond has little risk of default
The EPMA uses linear regression instead of averages to plot a line which reduces the noise of market activity
Mortgage-backed securities (MBS) are products that bundle mortgages together and are traded for sale on the markets
Systematic risk is a.k.a. market risk, is the exposure of all investors to the broad movements of the market as a whole
There are two main kinds of accounting methods: accrual accounting and cash accounting
Foreign investment is the act of an individual, corp., or institutional investor, acquiring a large stake in a company
IRS Publication 15-b outlines the different types of fringe benefits available to employees and which ones are taxable