Pension Maximization

Most pension plans reduce your monthly retirement benefits by as much as 30 percent if you choose to share your pension with your spouse. No matter how you choose to allocate your pension funds, this makes it difficult to realize the plan's overall cash value.

Your local agent can help you select which permanent life insurance policy or annuity product, specific to your needs, is necessary to purchase prior to retirement to ensure that your spouse will receive tax-fee income* in the event of your death. This will allow you to take advantage of the maximum monthly pension benefit that your company offers and make it possible for you to create an inheritance for your children and heirs.

*Based on current tax laws.