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Retirement Plans – What is a withdrawal strategy
WEBWithdrawal strategy explained. A withdrawal strategy (also called a decumulation strategy) guides how you take funds from your retirement accounts to create your retirement income. This can help keep you from outliving your savings by establishing an amount that you can safely withdraw each year. It may also prevent you from paying unnecessary
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URL: https://www.philly457.com/rsc-web-preauth/articles/withdrawal-strategy
Retirement Plans – Health Care
WEBIf you’re concerned about rising health-care costs in retirement, you’re not alone: 3 out of 4 people agree that the growing cost of health care is one of their top fears in retirement 1. 70% of adults are unsure or can’t estimate how much they expect to pay for health care costs in retirement 1. By one estimate, an average 65-year-old couple retiring today …
Retirement Plans – Investment Categories
WEBA variety of investment types can be generally categorized as short-term investments, including Certificates of Deposit (CDs), Money Market Accounts (MMAs) and Treasury bills (T-bills). The Plan’s short-term investment option is a stable value fund. Because the value of the securities held by stable value funds will fluctuate, there is the
Guiding participants to financial wellness Plan Sponsor
WEBMy Interactive Retirement Planner is a participant planning tool that is simple, holistic and actionable. It gives participants an immediate view of their retirement readiness and next steps to consider from their account landing page.
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