Pension Income Planning

This handout outlines some of the considerations for an employee who is selecting a pension option. The handout provides a description of a potential financial limitation of choosing the wrong type of pension payout and a strategy to consider to alleviate drawbacks of the various choices.

HIGHLIGHTS: 

  1. Pension options and the predicament created by those options.

  2. Insuring a pension.

  3. Tax consequences of implementing the strategy.

  4. Possible risks of implementing the strategy.


CLIENTS WHO MAY BENEFIT:

  1. Taxpayers who are considering pension options as they near retirement age.

Planning & Life IssuesClare FazackerleyPlanning, Retirement, Retirement Planning, Retirement Income, Defined Benefit Retirement Plan, Pension Income, Pension Plan