Pension & Severance Planning | Simplicity Financial

Pension &

Severances

Simplified

Whether you received a recent severance package or are about to sign documents to start receiving your company’s pension, it is important to consider some crucial factors during that time.

Making the right decision if you were packed out due to lay off, or retirement is crucial during this time. Utilizing tax planning strategies can ensure you keep 50% more of the severance you are entitled to. Choosing the right type of pension pay out, might double your estate value or leave your spouse without proper income should something happen to you.

Here are some of the most common questions we assist our clients in answering during this crucial time:

What is the best way to get my pension paid out?
How do I maximize my pension?
What are the tax and estate implications of each option?
What are the pros and cons of each option?
What are my options?
What are the implications of each option to me and to my children?

If these sound like the kinds of questions you have, please contact us for a complimentary consultation. We are happy to engage with you either on an hourly basis to assist you, or on an ongoing engagement basis.