Services We Offer to Ohio Teachers
Your pension is a fund that is paid into during your working years and can be accessed to provide monthly income after you’ve retired. A pension can be complicated and hard to understand. Pension analysis with Appreciation Financial will help you answer these questions:
- When should you start your pension?
- Should you take your pension as an annuity or a lump sum?
- In a buyout situation, should you take it or wait for a better deal?
- What type of survivor option should you choose?
403(b) Retirement Plans
Educators have a unique set of retirement income sources. A 403(b) is like a 401(k), but for public school employees and tax-exempt organizations. A 403(b) is the most common defined-contribution plan for teachers and public school employees. You fund the 403(b) by deducting money from your paycheck and putting it into the investments you choose. Some public schools will match 403(b) contributions.
With so many retirement income options available, where should you start? At Appreciation Financial, our licensed agents have the unique knowledge and experience to help teachers and public servants create a retirement plan specifically tailored to their needs. Our experts will provide you with a personalized analysis of your portfolio and advise you on the best ways to invest for a successful retirement.
Living Benefit Life Insurance
None of us wish to face the possible reality of chronic illness and the need for long-term care as we age. But the financial burden medical bills can present in the long run should be included in a comprehensive retirement plan. At Appreciation Financial, one of the retirement income sources we recommend investing in is living benefit life insurance. This type of life insurance allows the policyholder to access advanced payments should they need help covering the cost of medical expenses.
Millions of Americans are facing the increasing weight of debt on their shoulders. As of 2019, U.S. household indebtedness reached $13.67 trillion. Appreciation Financial has partnered with MPowering America to address these financial challenges. Mpower experts have helped thousands of customers cancel millions of dollars in debt and interest in the 14 years they have been serving their clients. Lose your debt today and start accumulating wealth.
At Appreciation Financial, we believe knowledge is power. That’s why we’ve partner with Encompass to offer our clients access to their online Financial Wellness Center. Take control of your financial future with educational videos and articles, planning calculators, and other retirement management tools.