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.
Pension options and the predicament created by those options.
Insuring a pension.
Tax consequences of implementing the strategy.
Possible risks of implementing the strategy.
CLIENTS WHO MAY BENEFIT:
Taxpayers who are considering pension options as they near retirement age.