Law Enforcement & Military

 

 

We Have Your Six

Protecting Our Protectors...Today, Tomorrow and Forever.

After a successful and decorated career in law enforcement in Upstate New York, I decided to take my passion of serving others to a new level and commit to protecting those that protect us each and every day. 

Did you know that many who serve in law enforcement and the military spend their lifetime protecting others, but are not protecting themselves or their families financially? We can change that.

Our mission is to protect our protectors. I am honored to have earned the trust of many who serve and have served in law enforcement and the United States military. I have a passion to help look at your unique situation and help to protect, optimize and grow your finances. I have detailed experience in navigating complex situations such as pensions, retirement, and insurance strategies. A short meeting together can make a positive, long-term and profound impact on you and your family’s financial future.

If you or a loved one works or has worked in law enforcement, contact us today.

 

 

Common Thoughts That Are Misconceptions

457 / TSP is the best thing for retirement. I won't pay taxes on it and besides, my senior co-worker said to do it.

I don't need disability or life insurance; I'm covered through work.  

I'm going to choose the pension option a senior coworker suggests.

My DROP account is not taxable.

 

Questions To Ask

How does my 457 or TSP really work?  What are my options?

It is imperative that you understand the interworking's of your employer retirement plans as well as all outside options available to you.  Being intentional on how you accumulate dollars is paramount for when you take them out.  Withdrawals are income taxable and subject to RMD’s (Required Minimum Distribution’s).

Things to consider:  What are my investment options?  What are the fees?  What are the tax implications both today and tomorrow?  Am I missing any opportunities?

What if I don't come home?  Is my family going to be, ok?

We all know the risk and there is ZERO excuse for not ensuring our families financial future if we don't come home.  Our goal is to eliminate the need for any of our protectors to have a GoFundMe page.  Employer benefits are minimal and you should not make any assumptions.  

Things to consider:  Do you want your debts paid off?  Do I want to fund my child/children’s education?  How much monthly income to you want your family to receive and for how long?  Do you want to create a multigenerational legacy?

How do I optimize my pension?

Understanding your pension options and costs associated with the various options must be reviewed carefully. Each municipality/agency has varying pension options and the choice must be in alignment with your retirement goals.  Amendments are not permitted once your pension option is chosen and no assumptions should be made.

Things to consider:  Do I want my spouse to receive my pension if I pass first?  How does that impact them tax wise? What cost or benefit am I giving up while living to accomplish that?

 

 

Second Opinion Analysis

We understand that you may already have an advisor, either personally or through your employer.  But when it comes to your finances, we want to ensure that what you see in your future aligns with your financial plan.  We offer a second opinion service to give you confidence in the decisions you're making today will provide the outcomes you desire tomorrow.

If we find opportunities in your plan, we will provide specific recommendations to improve your overall financial situation. If everything is on track and looks good, we will be honest and tell you.  We want you to spend less time thinking about your finances and more time living in the moment.