Retirement Income Planning: PERS Benefit Options
Are you retiring from PERS soon? Provided below is a concise breakdown of the most common benefit options and what they mean.
Often it makes the most sense to receive a lesser monthly benefit while protecting your loved ones with a survivorship option. Comparatively, it is like paying insurance monthly to ensure there is income for your beneficiary if you should die prematurely.
There are many more factors to consider, but a written estimate and analysis in coordination with your financial plan will provide a platform for deciding the best option for you and your family.
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Are you retiring from PERS soon? Provided below is a concise breakdown of the most common benefit options and what they mean.
Now more than ever, it is becoming necessary to have a steady stream of income that has the ability to last the rest of your life.
