Public Employee Retirement Planning
Build a Satisfying Retirement as an Employee of Oregon
Are there gaps in your retirement planning? We will help you fill those gaps.
The Early Years
Understand the limits of your PERS benefits and the best way to supplement those plans.
- The use of 403b and 457 plans as supplemental retirement plans
- Traditional Pre-Tax contributions vs Roth contributions
- Develop a personal strategy for retirement investing.
Mid Career
Do you have a desired retirement date? What are the issues regarding retiring early vs working longer?
- Are you on track to meet your retirement needs?
- Find that retirement age that provides the lifestyle you desire
The Home stretch
Set a goal for a retirement date. Will working a few additional years make a significant difference, or is it the right time?
- How do you protect your spouse?
- When do you claim social security?
- What are your Health Insurance needs and how does Medicare fit in?
Let's start with a conversation and you'll understand the building blocks of retirement in about 30 minutes. Saving for retirement is not complicated, time consuming, or expensive. It is better to start earlier than later, but you're never too late.
As an employee of the state of Oregon, you have access to Oregon retirement benefits once you're a member of the Public Employee's Retirement System (PERS). Depending on your initial membership date, you're a member of Tier 1, Tier 2, or the Oregon Public Employees Retirement plan.
In addition to your pension plan, you'll also be a member of the Oregon Individual Account Program (IAP).
You will have access to supplemental retirement plans such as a 403b or 457 plan. While your employer pays for most of your PERS benefits, the supplemental plans allow you save additional dollars as a payroll deduction.
