The pension landscape is constantly evolving with new legislation. Recent changes include adjustments to contribution limits, early withdrawal penalties, and required minimum distribution ages. We maintain up-to-date information on all regulatory changes that might affect your retirement planning.

Some significant recent changes include:

• Increased annual contribution limits for certain retirement accounts
• Modified rules regarding inherited retirement accounts
• Changes to the age for Required Minimum Distributions (RMDs)
• New provisions for catch-up contributions

For the most current information, we recommend checking our Blog where we regularly post updates about legislative changes.

Yes, in most cases you can make changes to your pension plan, though the specific options available depend on your plan type and provider. Common modifications include adjusting your contribution amount, changing investment allocations, or switching between different plan options.

Important considerations when changing your plan:

• Some changes may have tax implications
• There may be restrictions on how frequently you can make changes
• Certain modifications might require paperwork or phone verification
• Changes to investment allocations may take effect at the next business day

For assistance with plan changes, please visit our Contact Us page to reach our support team.

Inflation can significantly impact the purchasing power of your pension over time. This is why it's crucial to consider inflation-protected investment options and to regularly review your retirement strategy.

Strategies to combat inflation in your retirement planning:

• Include inflation-protected securities in your portfolio
• Consider gradual increases to your contribution amounts
• Review and adjust your investment strategy periodically
• Factor in inflation when estimating your retirement needs

Our Calculator tool can help you project how inflation might affect your specific retirement savings.

When changing employers, you typically have several options for your existing pension plan, each with different implications for your retirement savings.

Common options when changing jobs:

• Leave the funds in your former employer's plan (if allowed)
• Roll over the funds to your new employer's plan
• Transfer the funds to an individual retirement account (IRA)
• Cash out the plan (not recommended due to taxes and penalties)

Each option has different tax consequences and investment implications. Our advisors can help you make the best decision for your situation.