Can a pension be garnished? Any people good with money around here who can tell me?
(and no, it doesn't have to do with food...)
Yes - Maybe you haven't paid taxes in years, perhaps you were busy and simply forgot one year, possibly you avoided paying taxes for financial or emotional reasons. Whatever the reason, you are now threatened with an Internal Revenue Service (IRS) wage garnishment. Wage garnishment requires an employer to withhold part of a person's earning for the purpose of the person to pay off a debt. In addition to the IRS, wage garnishment can also be issued by courts and federal agencies. Wages garnished can include salaries, wages, bonuses and commissions as well as retirement or >> pension earnings.<<
Merry Christmas !!
I believe it can be. If it happened to you have you talked to the Pension department or accounting? Whoever handle's the cases.
Short answer - yes it can.