pension max favicon

Working with a financial professional to get your NYS pension estimate will allow you to get a more detailed and actionable report. You will also be able to ask them specific questions around your retirement plan, your goals for yourself and your family, and learn about opportunities that you may not have known otherwise! 

The pension system in New York is complicated and confusing. It's hard to get an accurate pension estimate on your own because you're not sure how much money you'll actually need when it comes time to retire, where taxes will be, what your family may need, and more. This makes planning for your future difficult as well since there are so many unknowns. 

It’s important to understand where your pension stands so you can make sure it'll meet you and your family's needs when it comes time to retire.  That's why we connect you with experienced local advisors that specializes in helping NYS pension holders like yourself so you can confidently make the right choice for you and your family. 

Don't Settle For Reducing Your Pension To Protect Your Loved Ones
When it’s time to make a pension payout decision, many people unknowingly choose an option that could cost them and their family hundreds, of thousands, of dollars in the long term. We can connect you with local pension advisors to help you choose an option you won’t regret.
Your pension will likely be the financial engine for your retirement. Has there ever been a better financial tool? A pension can be the golden goose that keeps on laying golden eggs, for the rest of your life. Let’s stick with this fictitious analogy for a minute. If you had a golden goose that laid golden eggs wouldn’t you want to protect it? Wouldn’t you want to make sure you cared for it and maximized its potential for the size of the eggs laid? Wouldn’t you want to make sure that your spouse, children, and/or other loved ones benefited from this magical golden goose? 

 Although fictitious, you should ask yourself these same questions about your NYS pension. Your pension can send you monthly checks for the rest of your life. Would it be worth your time to make sure you maximize it?

You will be faced with a very important decision as you put in your final paperwork for your retirement. You will need to decide to either take my full pension which will go away if I die? Or will I take a significant reduction in my monthly payment to protect a loved one, typically a spouse? Not protecting your loved ones is likely not an option. Fortunately, whether you will protect or not protect is not the difficult question. The difficult question is how you will protect them. We say difficult, not because it will be a hard choice, but simply because it takes some time to get educated. 

 This website is designed to give you significant information about your pension options and ways to protect it through your employer and through private options. NYSTRS says it directly on their website, your private options for protecting your loved ones may be more advantageous than the public options. In our experience, the choice you make will have implications to the tune of hundreds of thousands of dollars. The question is whose pocket will that money reside in? Yours, or your employers pension plan?

What if you could retain an extra 10-15% of your pension each year on your personal balance sheet? Would that allow you to enjoy your retirement even more? What if you could leverage dollars that otherwise would have gone back to NYS or your private pension plan to help provide for a long-term care or critical illness in the future, would that give you further peace of mind? What if you could enjoy your maximum pension and when you and your spouse are gone, you could pass on a tax free death benefit to your children or grandchildren, would that be a nice legacy to leave? 

 These are just some of the benefits of a pension max strategy. We are not here to say that the pension max is better or worse than taking one of your pension reductions. We are simply saying that getting educated can make a world of difference in your life and the lives of the ones you love.


We Will Help You Every Step Of The Way. Schedule An Appointment Today

Pension Max can connect you with a local advisor that is skilled in helping employees who participate in the NYS Retirement System.



Pension Max does not provide tax, legal or financial advice. This material has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or financial advice. You should consult your own tax, legal and financial advisors before engaging in any transaction.
Copyright 2021 PensionMax.Com. All rights reserved. Privacy Policy