My husband used to work for a carpenter’s union in two states, and has two different retirement accounts. One is a “pension trust,” and the other is a “defined contribution trust.”
Are these actual pensions, or can we roll them over into a traditional IRA? I want to consolidate all our retirement accounts in Vanguard, but I’m confused how these retirement accounts work, and so far the five minutes I spent searching the Interwebz has not helped. I also cannot find any documents saying what the heck these accounts are.
Any ideas? Thanks!