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melbamsu
New Member

Is a GM salaried pension administrated by Prudential considered private or public for Michigan ?

 
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KatrinaB
Intuit Alumni

Is a GM salaried pension administrated by Prudential considered private or public for Michigan ?

It would be considered a private pension plan since it is not run by the state or local government. Please view the following link for more information.

https://pocketsense.com/public-pensions-vs-private-pensions-13732.html

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2 Replies
KatrinaB
Intuit Alumni

Is a GM salaried pension administrated by Prudential considered private or public for Michigan ?

It would be considered a private pension plan since it is not run by the state or local government. Please view the following link for more information.

https://pocketsense.com/public-pensions-vs-private-pensions-13732.html

Is a GM salaried pension administrated by Prudential considered private or public for Michigan ?

Would there be any deduction for a private pension plan from MI State if the Prudential Pension plan was a qualified plan, which it is.
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