Revisions
Edited 22d ago by
johney
@ovah said ↗Many options when putting in for the pension.I think I made one mistake. I chose the "Pop-up plan", which basically pops your pension up to the full single payee amount if your spouse dies before you.In the meantime, this reduces your monthly payment by $70.Now I'm thinking this is a dumb idea. There is NO WAY she is gonna die before me. In fact, she'll probably outlive us all.So I think I'll call and see if I can change that. Think I'd rather just keep that $70/month.Ideas, comments, suggestions?Mine I did spousal benefits so she relieves 75% of my pension if I die first, if she dies first it reverts back to me getting my full amount.
Rendered before/after
Before
Many options when putting in for the pension.I think I made one mistake. I chose the "Pop-up plan", which basically pops your pension up to the full single payee amount if your spouse dies before you.In the meantime, this reduces your monthly payment by $70.Now I'm thinking this is a dumb idea. There is NO WAY she is gonna die before me. In fact, she'll probably outlive us all.So I think I'll call and see if I can change that. Think I'd rather just keep that $70/month.Ideas, comments, suggestions?
Mine I did spousal benefits so she relieves 75% of my pension if I die first, if she dies first it reverts back to me getting my full amount.
After
Many options when putting in for the pension.I think I made one mistake. I chose the "Pop-up plan", which basically pops your pension up to the full single payee amount if your spouse dies before you.In the meantime, this reduces your monthly payment by $70.Now I'm thinking this is a dumb idea. There is NO WAY she is gonna die before me. In fact, she'll probably outlive us all.So I think I'll call and see if I can change that. Think I'd rather just keep that $70/month.Ideas, comments, suggestions?
Mine I did spousal benefits so she relieves 75% of my pension if I die first, if she dies first it reverts back to me getting my full amount.