1-800-562-8019
Questions? Contact us!
Phone: 800-562-8019, 704-924-7400
Fax: 704-924-9387
Email: jthartline@gmail.com
Just wait…
You’re going to be upset when you start studying your retirement payout options and you see the huge amount of money the Retirement Administrator (those Actuaries!!) want to take from your retirement income if you choose one of their ‘Survivor’ payout options.
You contributed to this plan (as did the State) during your whole career. Now that you want to retire and provide for your beneficiaries if you die before they do, the State wants to take a huge deduction from your future income.
What happens if your beneficiary dies before you do?
Right. You don’t get a “do-over”. You are stuck with the choice you made (a lower monthly retirement payment).
That’s where our Pension Maximization Plan makes economic sense for you.
Our plan advocates you choose the Maximum Payout Option at the beginning, then purchase our specially configured life insurance policy. This policy pays the death benefit out in monthly installments (making it less expensive than ‘lump-sum’ payment policies).
In almost every situation, retirees are able to:
- Take the Maximum Monthly Payout (100% Single Life)
- Purchase the Insured Plan on their lives which pays to the Beneficiary
- “Net” more monthly retirement income than if they had chosen the State’s overpriced ‘Joint & Survivor’ Option
One more point: if you die before your beneficiary, the monthly benefit paid out to them is considered a life insurance ‘death benefit’ and is income tax free.
It only takes a few minutes to generate a quote for you; Request one today!