Jeb Bush’s Pension Cut His Taxes

By Mark Maremont, The Wall Street Journal

In a blog posting, Bill Parish, a Portland, Ore., investment adviser, called Mr. Bush’s pension plan “aggressive,” in part because the defined-benefit plan assumes a retirement age of 62. That allowed Mr. Bush, who turned 62 in February, to shelter more money more quickly than if the plan assumed retirement at 65. Mr. Bush’s election as president wouldn’t have any impact on the retirement plan.

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