Services We Offer to Public Servants in Pennsylvania
Free Pension Review
State pension plans can be confusing and, oftentimes, their poor funding levels result in the need to expand your portfolio outside of the state system. Pennsylvania’s funding ration is under 60 percent. Our retirement specialists for teachers understand how the state pensions work in all 50 states. With our free pension review, we’ll analyze your portfolio and help you answer these and other common questions:
- How do your benefits accrue over time?
- When should you start your pension?
- What are your pension payment options?
- Should you take a lump sum or monthly payments?
- How will your pension payments be taxed?
- If you leave early, can you take a partial employer contribution with you?
- How does your pension money fit into your legacy goals?
- Where else should you be investing in order to build a secure financial future?
A comprehensive retirement plan requires a multi-pronged approach. Most teacher retirement plans involve a 403(b), life insurance, a debt elimination strategy, and more. At Appreciation Financial, our financial advisors will advise you on how to develop a comprehensive retirement portfolio based on your unique needs and goals.
403(b) Investment Advice
A 403(b) plan has become one of the best ways for public employees to save for their retirement, especially if their employer matches contributions. Our experts can help you determine how to fund your 403(b) and understand the options available to you.
Living Benefit Life Insurance
A traditional life insurance policy pays out a set amount of money to the beneficiary after the policyholder passes away. With living benefit life insurance, the policyholder has access to advanced payments should they become chronically ill and need help covering the cost of medical expenses. At Appreciation Financial, we’ll take a look at your unique retirement portfolio and see if a living benefit life insurance policy would be right for you.
Planning for a successful retirement requires debt elimination. One of our primary goals at Appreciation Financial is to help teachers and public servants with student loans or other debt get free. To do this, we’ve partnered with the debt reduction experts at MPowering America who have helped thousands of people cancel millions of dollars in debt and interest. Take control of your finances today!
At Appreciation Financial, we believe knowledge is power. We know the world of finances is complex. That’s why we’ve partnered with Encompass to offer our clients access to their online Financial Wellness Center. Their investment, savings, and budgeting tools will help you figure out how to avoid and eliminate debt, purchase a home, save for college tuition, and plan for your retirement.