Derive the maximum from your pension.
Your pension could be your most valuable asset, so shouldn’t you make the most of it? If you or your partner qualify for a pension, it’s smart to consider your options before electing any distribution option. Pension plans are designed to provide retirement income to employees who are vested or have worked long enough to qualify, but they can be complicated and riddled with changes that add to their complexity. There’s a lot to consider when it comes to your pension benefits, such as:
- Should you take your pension as a lump sum or as an annuity?
- In a buyout situation, should you take it or wait for a better deal?
- When should you start your pension?
- What type of survivor option should you choose?
The choices may seem perplexing—but they don’t have to be.
You can rely on FAI Wealth Management to cut through the complexities. Our helpful, dedicated advisors will analyze your specific offer within the context of your entire situation to determine how it will integrate with your current needs as well as your future retirement goals. We provide streamlined guidance and clear-cut information to enable you to make the best financial decisions and gain the full advantage your pension has to offer.