Eric Toepfer, CFP®’s Post

There are several factors to consider when deferring STRS Ohio pension benefit payments. ▶️ Do I have access to health care coverage? ▶️ What is my source of income until my benefit begins? ▶️ How long will it take me to recover the amount I would have received during the period of deferment? ▶️ Am I eligible for my unused sick pay? Additional information to help you prepare for retirement is available here: https://buff.ly/4cyJ5Og

Think you’re not eligible for government support in retirement? Think again. The Commonwealth Seniors Health Card (CSHC) could save you thousands each year. But so many retirees don’t even know it exists. Here’s why you should: 1. Discounted healthcare and prescriptions → Pay less for essential medical costs. 2. Savings on utility bills and public transport → Because every dollar counts in retirement. 3. No effect on your super or savings → It’s not means-tested against your assets. 4. Easier access to medical services → Helping you stay healthy without breaking the bank. The best part? You don’t need to be on the Age Pension to qualify. I recently worked with a client who thought she wasn’t eligible. She wasn’t on the Age Pension and assumed she didn’t qualify for support. But after we checked her taxable income (<$99,025), She qualified for the CSHC. Now, she’s saving hundreds each month on medical costs! This isn’t about leaving money on the table. It’s about getting the support you’re entitled to. Are you eligible? Let’s find out together.

It’s #GivingTuesday. After more than three decades working in Long Term Care, Mental Health and Acute Care, Joannie’s not slowing down in retirement and with the peace of mind provided by her Provident10 pension, she is able to give back. Learn how more of our members, like Joannie, are giving back to their communities with the freedom and flexibility with their Provident10 pension: https://lnkd.in/er4gvjj3 #NewfoundlandandLabrador #PSPP #RetirementPlanning

My Care Hub -the UKs first online ‘one stop shop’ for care advice has launched today!! For any advisers wanting to learn more about how this valuable service can help clients with caring responsibilities or who are in need of care, see our dedicated launch page here: https://lnkd.in/ea-CMYFy #mycarehub #caringresponsibilities #careadvice #socialcare #carefunding #carenavigation #careadvice

Last week, we completed our largest transaction to date—the sale of another private healthcare practice. While the scale of the deal was significant, the truly rewarding moment was receiving our client's out-of-office reply right after: "I am now officially retired!" This brought a genuine smile to our faces. It highlighted the impact we have on business owners in a sector that often lacks robust M&A advice, where many might simply close up shop for lack of an alternative. We're not just facilitating transactions; we're helping individuals leave a legacy and start new beginnings. #ReflectingOnSuccess #LifeChanges #Healthcare #MakingAnImpact #Retirement #Legacy

When the IRS gets it wrong, then right.... The SECURE Act of 2019 introduced a 10-year rule of distributions for non-spouse beneficiaries, often adult children of the participant. Original interpretations of the law were that this class of beneficiary had the flexibility to withdraw retirement funds at any time in the 10 year window. However - the IRS initially decided that 10% per year was what the law intended. Yuck! Now we have the definitive answer... 1. When the participant has begun taking RMDs, the beneficiary must take RMDs “at least as rapidly” as the participant had been. In the event there are assets remaining at the end of 10 years, the remaining balance will be forced out. 2. If the initial participant had not taken an RMD, then the beneficiary does not need to take RMDs and can choose to simply withdraw the entire balance at the end of 10 years. Read the specifics here. https://lnkd.in/gGhxSj43

Tomorrow at 2p Women Talk Money will be discussing Medicare. Register and join the conversation around. WMT will break down the Medicare fundamentals, including what is and isn’t covered, potential costs, and options to help bridge the gap if you retire before you’re eligible to enroll. #fidelityassociate #medicare #womentalkmoney #retirement

📢 Big News for Retired Federal Employees! 📢 A discharge petition is set to be filed to push forward the repeal of the WEP (Windfall Elimination Provision) and GPO (Government Pension Offset)! These long-debated provisions have impacted the retirement benefits of thousands of federal workers. But will this new push finally bring the much-awaited repeal? 🤔 What do you think? - Should WEP and GPO be repealed? - How would this change impact you or your retirement plans? 💬 Let us know in the comments! Your voice matters in this ongoing debate. Want the full scoop on how this petition could reshape federal retirement benefits? Tap the link to read the article! https://lnkd.in/eKEAXGZf #FederalRetirement #WEP #GPO #RetirementBenefits #FEDmanager #GovernmentJobs #FederalEmployees