Should you choose the Single Life Pension Option at Lockheed Martin?
Pensions are a retirement vehicle but unlike a 401(k), they have several payout options. One is called the “single life” option.
Lockheed Martin Financial Planning
Company retirement benefits play a pivotal role in ensuring financial security and peace of mind for employees as they approach their golden years. These benefits, often in the form of pension plans, 401(k) contributions, or other retirement savings programs, serve as a crucial lifeline for individuals to maintain their quality of life post-employment.
Your benefits provide a structured approach to saving, offering tax advantages and potential employer contributions that accelerate wealth accumulation. They empower workers to plan for a secure retirement, alleviating the burden on social safety nets and promoting overall economic stability.
However, your benefits can be confusing and difficult to navigate alone.
Strittmatter Wealth specializes in financial strategies for Lockheed Martin employees, and we are uniquely able to provide you with the tools, information, and expert advice to help you achieve your retirement goals.
Lockheed Martin Benefits Guide
Learn how to avoid costly mistakes and understand how to get the most out of Lockheed Martin’s benefit package. We hope this resource guide, customized for Lockheed Martin employees like you, will provide some smart options and help answer your most urgent retirement questions.
Attend Our Free Webinar
Are you getting the most from your employee benefits, or are you making the mistake of leaving money on the table?
We understand that researching everything on your own is time-consuming and overwhelming. This is why we created a curriculum that explains the very specific information that applies to your unique situation and gives you the tools required to implement a successful retirement from Lockheed Martin.
Have you answered these Lockheed Martin Financial questions?
• How do I minimize taxes on my monthly distributions?
• Do I need life insurance, if so how much?
• Have I maximized my Lockheed Martin pension?
• Have I explored the best options for my Lockheed Martin 401(k)?
• Am I utilizing all of my Lockheed Martin benefits in retirement?
• Is my spouse protected with my Lockheed Martin benefits?
• Do I have the best health insurance and Medicare benefits available to me?
• Am I making common Lockheed Martin retirement mistakes?
If you’re unsure about the answers to these questions, sign up today for our free Lockheed Martin Benefit Maximization Webinar. Click here to see upcoming webinar dates:
“Company retirement benefits are not just financial investments; they are a foundation upon which individuals can build their dreams of a secure and dignified future.”
Josh W. Strittmatter,
Chief Executive Officer and Chief Investment Officer
Chief Executive Officer and Chief Investment Officer
Read the Lockheed Martin Blog
The Lockheed Martin blog is a gateway to information, insights, and perspectives specific to Lockheed Martin employees. Whether you’re seeking knowledge on a specific topic, looking for inspiration, or simply aiming to stay informed, this blog is a valuable resource, created uniquely for you.
Click on an article below to read more:
Dual Lockheed Martin Employee Couples and the Pension Survivor Decision
The survivor benefit amount can range from 0-100% of the employee’s pension based on the option selected upon the employee’s retirement.
10 Survival Tips: Working from Home with Lockheed Martin
Here are our top 10 survival tips to help you succeed at working from home as a Lockheed Martin employee.
What Happens to Your Social Security Benefit if You Are Still Employed at Lockheed Martin
Did you know that you can still claim your Social Security benefits while still working at Lockheed Martin?
6 Work-from-Home Jobs for a Retiree
There are hundreds of retirees who want to work after retirement, some because they must and some because they choose to.
Bear Market Strategies For Your Lockheed Martin 401(K)
If you are like many investors, you have seen the value of your 401(k) drop like an airplane in a nosedive.
Strittmatter Wealth Management Group, LLC provides financial planning services to Lockheed Martin employees and can provide advice regarding their retirement and workplace benefits. Strittmatter Wealth Management Group, LLC is not affiliated or sponsored by Lockheed Martin.
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