Pension, DROP, BackDROP, and Lump Sum Planning
Your pension is the foundation of your retirement. We help you compare benefit elections, survivor options, retirement timing, and any DROP, BackDROP, PLOP, or partial lump sum choice before you make a decision that may affect income for life.
→ KCPERS, KP&F, MPERS, and LAGERS pension analysis
→ Survivor and spousal benefit elections
→ DROP, BackDROP, PLOP, and lump sum comparisons
→ Retirement date and lifetime income modeling
457(b) Deferred Compensation Strategy
The governmental 457(b) is one of the most powerful and most underused tools available to law enforcement. Distributions taken after separation from service are generally not subject to the 10 percent early distribution penalty that applies to most retirement accounts, which makes the 457(b) central for an officer retiring in their 40s or 50s. That treatment does not follow the money into an IRA, so the rollover decision at separation deserves real attention. We help you use the contribution limits fully, apply the catch-up provisions, and build a tax-efficient income bridge.
→ Annual and catch-up contribution strategy
→ Penalty considerations before age 59 and a half
→ 3 year pre-retirement catch-up optimization
→ Rollover strategy at separation from service
Healthcare Bridge Planning
Retiring before Medicare eligibility at 65 means years of self-funded healthcare. We help you evaluate retiree healthcare coverage through the department, COBRA, marketplace plans, and long-term care options so medical costs never derail your retirement plan.
→ Pre-Medicare coverage gap strategy
→ Retiree health benefit coordination
→ Long-term care insurance analysis
→ Premium funding strategy
IRA Rollovers & Retirement Income Planning
At retirement, you may have accumulated deferred compensation, DROP distributions, or other lump-sum assets that need a clear strategy. We guide you through rollover decisions, Roth conversion opportunities, and building a sustainable income plan that lasts 30+ years. Converting from a traditional IRA to a Roth IRA is a taxable event.
→ Lump sum rollover and sequencing strategy
→ Traditional vs. Roth IRA analysis
→ Required minimum distribution planning
→ Sustainable withdrawal rate analysis
Disability & Life Insurance Review
TThe physical demands of law enforcement create real risk. We review the disability and life insurance coverage your department provides and help you determine whether supplemental coverage is appropriate, so your family is protected whatever happens in the line of duty or after retirement.
→ Department coverage gap analysis
→ On-duty vs. off-duty disability review
→ Family income replacement planning
→ Survivorship benefit coordination
Estate & Legacy Planning
You have worked hard to build a legacy for your family, your community, and the officers who will follow you. We coordinate with estate planning professionals to help see that your assets, your beneficiary designations, and your wishes are structured around the people and causes you care most about.
→ Beneficiary designation review
→ Pension survivor election optimization
→ Trust and estate coordination
→ Charitable giving strategies