900 East Paris Avenue, Suite 100, Grand Rapids, MI 49546 | 616.559.45551131 West Superior Street, Wayland, MI 49348 | 269.792.0362Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker/dealer (member FINRA/SIPC).
Insurance products are offered through LPL or its licensed affiliates. United Bank Bank and United Wealth Management are not registered as a broker/dealer or investment advisor. Registered representatives of LPL offer products and services using the name United Wealth Management, and may also be employees of United Bank. These products and services are being offered through LPL or its affiliates, which are separate entities from and not affiliates of United Bank or United Wealth Management. The United Wealth Management site is designed for U.S. residents only. The services offered within this site are offered exclusively through our U.S. registered representatives. LPL Financial registered representatives associated with this site may only discuss and/or transact securities business with residents of the following states: AZ, AR, CA, CO, FL, GA, IL, IN, ME, MI, MO, OH, OR, VA, and WA. Securities and insurance offered through LPL or its affiliates are:
The role of pension plan income coordination in your plan
Before beginning your pension benefits, you’ll want to first look at the numbers projected out over your full number of expected years in retirement, considering also whether you’ll receive a lump-sum payout or a monthly annuity payment. Careful analysis will pay off.
Is pension plan income coordination for you?
Each pension has its own formula that determines how much you may get at what age. With some pension plans, there is no value in delaying the start date of the pension. In other plans, retirees benefit greatly by delaying the start date. You may want to consult with an expert to help you figure out yours.
The Rule of 80. This formula means that once an employee's age and years of service total 80, the employee is eligible to retire. For example: An employee begins working for a government agency at age 27. If the organization's retirement system operates under the rule of 80, given this employee’s age, they will be eligible to retire at age 53 ½ after 26 ½ years of service.
Why United Wealth Management
Our advisors will assist you in evaluating what’s best for your situation to help protect you and your family throughout your retirement years.
Real Solutions for Real Life
Preparing for initial meeting
Gather financial statements and start a list of your current and future financial goals.
As your wealth management partner, we’re united in our mission to help you pursue your financial goals.
Education and tools
A few simple resources, like market information and calculators, can make managing your money so much easier.