Pre-Retirement Planning
Getting Organized
Budgeting is an important planning tool because it helps identify all sources of income and how it will be spent.
Carpenters Retirement Plan
Under the Carpenters Retirement Plan, your lifetime income is comprised of employer contributions and investment earnings.
- 4 Types of Retirement
- 4 Payment Options
- Traditional Benefit vs. Sustainable Benefit
- Sample Calculations
- Investment Mix and Performance
Carpenters Individual Account Pension Plan
The Carpenters Individual Account Pension Plan is funded with employee contributions and investment earnings. Learn about the different income options available to you.
- Normal vs. Early Retirement
- Subaccounts
- Income Options
- Sample Calculations
- Investment Mix and Performance
Post Retirement Work
If you work after retirement, you can continue to draw your monthly benefit within certain guidelines. These rules only apply to the Carpenters Retirement Plan.
Social Security
Review your most recent Social Security statement for information about your retirement benefits, survivor benefits and disability benefits. Learn about the tax implications of Social Security benefits.
Health Coverage
Transitioning from Dollar Bank Coverage to Retiree Coverage, it’s important to understand self-pay options such as COBRA as well as the advantages of Retiree Health Reimbursement Arrangement (HRA) Plans. When you’re eligible for Medicare, you’ll need to know about Parts A, B, C and D.