We specialize in working with Public Employees
Jim Explains Your Options
Don’t let the biggest decision of your career come down to chance, we can help!
If you are married, when you retire from a City, County or State job that has a defined benefit pension, you have one of the biggest financial decisions you’ll ever make…. What is the best method of providing a survivor benefit for your spouse?
Here are some common issues we see quite often:
- Choosing the wrong option can cost you tens of thousands of dollars.
- Choosing a reduced option drastically reduces your post retirement COLA.
- Choosing the wrong option can disinherit your children or estate.
- Choosing a reduced benefit is a lifetime cost for the retiree with no equity or cash balance.
- You get no discount for this enormous cost for good health, non-smoker, or age