Login | Register | Contact Us
Home / Planned Giving

Retiring in 2018? Take These Steps First

If you’ll be retiring next year, here are a few ideas to help smooth the transition:

  • Check in with Social Security.  They need several months’ notice to get your checks rolling or arrange for direct deposit.

  • Ask your insurance agent about replacing group life and health coverage that you currently have with your employer.  Check into long-term care policies.

  • Talk to the benefits manager at work concerning your options on retirement plans.

  • Review your will and/or living trust.  If your estate will be subject to tax (generally, estates over $5.49 million in 2017), ask your attorney about ways to reduce or eliminate the tax.  Consider creative ideas for reducing estate tax through charitable gifts.


Visit us on Facebook