Financial Planning for Unions
Get More from Your Pension Plan
Unions work hard to provide certain protections and security for their members. We can help Unions deliver more effective benefits, and we can help members make the most of what you’ve accomplished together. Let us help your members harness the full potential of their pension plans. We provide financial planning, investment review, income planning, and more, exclusively for Unions and their members. Let’s see what we can do together.
Exclusive Services for Union Members
Maximize Your Retirement Savings and Benefits
401(k) Savings Plan Investment Review
How’s your 401(k) doing? Are you confident in the allocation of your investments? Lohnes’ financial planners will review and analyze your 401(k) contributions and investment allocation. We’ll provide a detailed report and recommendations for enhancing asset allocation and overall portfolio performance. as we guide you through these important financial decisions.
Retirement
Income Analysis
How much money will you actually need in order to retire and maintain your desired lifestyle? Let our Lohnes’ Financial Planners conduct a thorough retirement income analysis. for you. We’ll help you determine your projected income based on your pension, disbursement options, and other asset liquidation strategies.
IRA 72(t) Income Distribution Analysis (SEPP)
How can you withdraw on your retirement funds without incurring the typical 10% penalty? We can help you find effective tax strategies relevant to your situation, such as taking substantially equal periodic payments (SEPP). These strategies can help you avoid costly penalties and fees, helping you keep more of what you’ve earned and saved for your ideal retirement.
Investment Portfolio
Review Analysis
Understand how your investments are performing and get advice on how to optimize their performance through enhanced allocation strategies for cash, bonds, and stock. We’ll perform a thorough analysis of all of your investment assets and prepare a detailed report, which includes recommendations for improving your investment allocation strategies.
Pension Annuity vs
Lump Sum
Determining the distribution method for your pension fund can have a profound impact on your financial outlook and spending strategies for retirement. We’ll help you understand the benefits of annuity and lump sum pension payments, so you can make informed, confident decisions that better supports your ideal retirement lifestyle and financial goals.
Changing
GATT Rates
Being part of a large company usually involves pension plans that use monthly interest rates in order to figure out lump sum distributions. As these monthly rates change, they can affect your overall pension. We can help you understand these effects, and discuss your different options so you can focus on your desired lifestyle.
Frequently Asked Questions
Financial planning can be beneficial for everyone, but most Union members come to us for our services because...
- They are unsure about their retirement savings plan and whether or not they’re doing enough
- They want to know if they are ready to retire or when the optimal time to retire would be
- They want to know how to take full advantage of their Union and employer benefits
- They are unsure if they have enough money to last throughout their retirement
- They want advice on how to improve their investment strategies and investment allocation
- They have insurance, tax, investment, or other financial questions and want independent, reliable advice for their specific situation
Our Approach
At Lohnes Wealth Management, we take a responsive approach to helping union members like you harness the greater potential of their pension plans, in pursuit of the lifestyle and retirement they desire — and deserve.
About Us
Lohnes Wealth Management is a trusted independent retirement services firm that exists to serve the unique financial and retirement planning needs of labor Unions and their members.
Contact Us
Get the advice you need to get more from your Union and employer benefits. We specialize in supporting Union members to help you live the life you desire for today and tomorrow.