Pension Maximization

Federal Employee Retirement Planning

When you retire, the Federal Government offers you two Survivor Benefit options: Single Life Benefit and Surviving Spouse Benefit. But we, at American Benefits Exchange, believe there is a third, more financially advantageous strategy for you: Pension Maximization.

It does what it says: it maximizes your pension dollars.

This concept enables you to receive your full federal employee pension amount during your lifetime and allows you to purchase a Pension Max Life Insurance Policy for your surviving spouse.

Survivor Benefit Options

These three options, complete with examples (based on a $3,500 monthly pension), are described below:

Option 1: Single Life Benefit

Under this option, you and your spouse will receive your maximum federal pension benefit as long as you (the retired employee) are alive.

$3,500 paid per month to you (the retiree)
Upon your death, all benefits cease
Your spouse does not receive any further benefits

Option 2: Survivor Benefit

Under this option, 10% of your basic annuity funds a 50% survivor benefit for your surviving spouse.

You purchase the Survivor Benefit at 10%, so you receive $3,150 per month
Upon your death, your spouse receives $1,750 a month
Survivor Benefit costs you $350 per month (10%)
Over a 25 year period, this benefit costs you $105,000

Option 3: Federal Pension Maximization

Under this option, you purchase a Pension Max Life Insurance Policy, naming your spouse as the primary beneficiary. This life insurance plan is purchased using those monies which would otherwise pay for the survivor benefit.

You select the Single Life Benefit
You receive $3,500 per month during your lifetime
You purchase a permanent life insurance contract using some portion of the $350 monthly difference

American Benefits Exchange, LLC is not connected with or endorsed by the local, state, or federal government.

CONTACT US TODAY

Click Me