iPipeline CIS / Advanced Sales

Pension Maximization

A defined-benefit pension plan generally offers the employee two payout choices: Single Life or Joint & Survivor. Tax law mandates that the automatic payout option is Joint & Survivor. This option provides as much as 25-50% lower benefits than a Single Life payout.

The Pension Maximization module is designed to illustrate the advantage of using a life insurance policy in lieu of taking the Joint & Survivor pension option.

  • Pension Maximization calculates the amount of life insurance required to replace lost survivor benefits.
  • The calculations factor in cost of living adjustments.
  • Life insurance proceeds are used to fund survivor benefits.
  • The retiree and spouse can opt for higher monthly pension amounts.

For further information please contact our sales team…
call 800-758-0824 and select option 2
or email sales@ipipeline.com.

Pension Maximization