With our office located in the heart of Spartan Country, we have a vast amount of experience working with Michigan State University (MSU) faculty. Our experience in working with MSU faculty has given us unique insights and knowledge into the retirement plans available at MSU. Some of the planning questions and considerations that we can help with are:
We have a clear understanding of what benefits you will receive when you retire. From your pension to your insurance benefits, we know what you can expect. The knowledge and experience we have gained working with MSU faculty who have transitioned into retirement allows us to help you determine if you are financially able to retire and live the lifestyle you want to live.
Before rolling over the proceeds of your retirement plan to an Individual Retirement Account (IRA) or annuity, consider whether you would benefit from other possible options such as leaving the funds in your existing plan or transferring them into a new employer’s plan. You should consider the specific terms and rules that relate to each option including: the available investment options, applicable fees and expenses, the services offered, the withdrawal options, the potential flexibility around taking IRS required minimum distributions from the option, tax consequences of withdrawals and of removing shares of employer stock from your plan, possible protection from creditors and legal judgments and your unique situation. Neither Financial Strategies Group nor its advisers provide tax or legal advice. Consult your own tax and or legal advisors regarding your particular situation.
The information presented is for educational purposes only and does not intend to make an offer or solicitation for the sale or purchase of any securities. Financial Strategies Group, Inc.'s website and its associated links offer news, commentary, and generalized research, not personalized investment advice. Nothing within the contents of this website should be interpreted to state or imply that past performance is an indication of future performance. All investments involve risk and, unless otherwise stated, are not guaranteed. Be sure to consult with a tax professional before implementing any investment strategy.