Aligning Your Wealth With Your Life Vision
You’ve likely been referred by one of our current clients who have worked with Kaiser Permanente or related companies (SCPMG, KFH or KFHP, etc.). As one yourself, you understand the complexities associated with your financial picture but not necessarily how to get started or where to begin.
Cooper Associates is experienced with retirement planning for Kaiser employees. We will help you develop a solid retirement plan, guide you through the retirement process and help care for your financial needs throughout your life in retirement.
Kaiser Employee Retirement Timeline
Choose to Retire
- Notify Kaiser of intent to retire (kp.myplansconnect.com)
- If married, will need to sign with notary
- Open new IRA account
Retirement Date
- Celebrate! Woo Hoo!!
- New health insurance starts (COBRA or other)
- You may not have income until rollover funds are received
Vanguard Funds
- Contact Vanguard to request rollover (if this is determined to be the best option for you)
- If married, Vanguard will send waiver of annuity form (notary needed)
- Return form(s) to Vanguard
Receive Funds
- Pension check sent to you
- Vanguard check sent to you or our office
- Cooper Associates allocates your funds to investments (is this is determined to be the best option for you)
Enjoy Retirement
- Begin retirement income payouts from Cooper Associates
Plan of Care
- Review first statement
- Review every 6 months:
Cash flow, Investments, Taxes, Estate, Insurance
This communication is strictly intended for individuals residing in the United States. The financial professionals of Cooper Associates are Investment Adviser Representatives with/and offer advisory services through Commonwealth Financial Network®, a Registered Investment Adviser.
Investments are subject to risk, including loss of principal. There is no guarantee that investment goals will be met. Past performance is no guarantee of future results. If you are considering rolling over money from and employer-sponsored plan, such as a 401(k) or 403(b), you may have the option of leaving the money in the current employer-sponsored plan or moving it into a new employer-sponsored plan. Benefits of leaving money in an employer-sponsored plan may include access to lower-cost institutional class shares; access to investment planning tools and other educational materials; the potential for penalty-free withdrawals starting at age 55; broader protection from creditors and legal judgments; and the ability to postpone required minimum distributions beyond age 70½, under certain circumstances. If your employer-sponsored plan account holds significantly appreciated employer stock, you should carefully consider the negative tax implications of transferring the stock to an IRA against the risk of being overly concentrated in employer stock. You should also understand that Commonwealth and your financial advisor may earn commissions or advisory fees as a result of a rollover that may not otherwise be earned if you leave your plan assets in our old or a new employer-sponsored plan and that there may be account transfer, opening, and/or closing fees associated with a rollover. This list of considerations is not exhaustive. Your decision whether or not to roll over your assets from an employer-sponsored plan into an IRA should be discussed with your financial advisor and your tax professional.