Now, there is a little work you have to do to make sure your dependents remain eligible. You need to keep your family records updated in your LMPeople portal as there are random audits conducted each month through out the year. During the audit, your records need to reflect proof of dependent status. If the records are incomplete, you may run the risk of losing the coverage for that dependent which could create a financial nightmare should an incident occur and there is no coverage is place.
So, take a moment each month and check your records. A little time now can save you thousands of dollars down the road. It’s knowing things like that can allow you to live a secured retirement with peace of mind. Give us a call to speak to a Lockheed Martin retirement specialist who can help you determine the appropriate amount of emergency savings for your situation.
For more tips like these, click here to sign up for our weekly email blog newsletter. If you would like to get better educated on Lockheed retirement strategies, click here to download our Free Report titled Retire with Confidence: The Top 4 Things You Can Do Now to Maximize your Lockheed Retirement. And, if you want to have face time with a Lockheed Retirement Specialist², you can click here to schedule an appointment, click here to sign up for our Lockheed Retirement Workshop or click here to just give us a call (817) 210-3444.
Be sure and check back next week for more incredibly valuable information. Cheers!
Financial Planning and Investment Advisory offered by SWMG, LLC a Registered Investment Advisor.
Lockheed Martin Retirement Specialist is not an official title or professional designation nor is it conferred by Lockheed Martin on any individual or company.
Our Complementary consultation and free report are for informational purposes only and provided free without any obligation to utilize or retain our investment advisory services.
SMWG, LLC is not affiliated with or endorsed by Lockheed Martin Corporation. Our expertise comes from working with LMT employees for several years and helping them to retire with confidence.
Investing involves the risk of loss, including loss of principal. Past performance does not guarantee future results. Investment products are not FDIC insured, have no bank guarantee, and may gain or lose value. Different types of investments involve varying degrees of risk, and there can be no assurance that any specific investment will be profitable for a client’s investment portfolio.