So, currently i’m receiving a pension from a death in my family. I have been receiving this pension for quite some time so I decided to ask how the cut off is determined. The pension agent told me when I make 50% (13k) of my pension that I will no longer be eligible to receive the pension and benefits as I would not be dependent on them.
I’m currently trying to become a profitable day trader and plan on making much more than 13k next year. However, I don’t want to give up the extra 26k a year or the insurance benefits that come along with the pension.
I’m wondering if forming a C-corp and not paying myself any wages and buying all my assets and lifestyle expenses through my corporation is a viable loop hole to keep the pension?
I got the idea from ceos making $1 a year yet flying in private jets and living in mansions.
Thanks in advance.
Submitted November 17, 2019 at 06:45PM by YaBoyDonnyT https://ift.tt/2KuJsyg
