Category: KP

A Deep Dive Into Kaiser Permanente’s Pension Plan

When I’m attempting to place a client in a specific job they almost always have questions about pension plans. Since the recent Coronavirus hysteria I’d noticed that a lot of my Kaiser Permanente clients in particular have had questions about their pensions. So to try and help them out I did a deep dive and

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Keeping Track of Kaiser Permanente’s 401(k)/TSA Plans

With all the volatility in the market a lot of my clients have been asking about their 401(k)s. I’ve notice a lot of these clients have been from Kaiser Permanente specifically. While I’m not a financial advisor, I did do some research and here is I’ve found concerning Kaiser Permanente’s 401(k)k/TSA plans: If it’s been

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KP: Divorced or Divorcing

Are you divorced or in the process of divorcing? Your former spouse(s) may have an interest in a portion of your KP retirement benefits. “Happily ever after” and “until death do us part” won’t happen for 28% of couples over the age of 50.3 Most couples saved together for decades, assuming they would retire together.

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Will Kaiser Permanente Stop Offering a Pension Lump-Sum Option?

The novel coronavirus has caused almost every economic industry major strife over the last 6 months. However, corporations were struggling with their pension liabilities long before the pandemic hit. According to Mercer’s 2020 Defined Benefit Outlook, at the end of 2019 the average pension fund only had 85% of their pension liabilities covered, while 63%

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7 Things to Consider Before Leaving Kaiser Permanente

Retiring or worse, losing your job is a grandiose moment. Your mind is racing and you simply just don’t know how to operate. Loss of a job, especially for those with over 20 years of service,  affects the same receptors in the brain as loss of a loved one. You have been connected with Kaiser

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Will Kaiser Permanente End 401(k) Matching?

There has been a consistent economic trend which shows that in times of recession corporations will decrease or suspend benefits. According to CNBC, 95% of companies offer a company match or some alternate contribution program. However in that same article they stated, “Don’t be surprised if your employer pauses its contributions to your 401(k) plan

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Kaiser: Social Security and Medicare

Social Security Identifying optimal ways to claim Social Security is essential to your retirement income planning. For many retirees, understanding and claiming Social Security can be difficult. Social Security benefits are not designed to be the sole source of your retirement income, but rather a part of your overall withdrawal strategy. Knowing the foundation of

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