Description

In this episode, Miro Svoboda returns to discuss the most common questions that he has received from RCMP members about their pension plans. While this is an excellent episode for any member of the RCMP to listen to, it will also be extremely beneficial for anyone else who has a defined benefit pension. Some of the topics discussed include:

• How is a defined benefit pension calculated?
• What happens when someone leaves the RCMP because of disability?
• What benefit is available to the spouse and kids if the pension holder passes away?
• What happens to a defined benefit pension in the case of a divorce?
• What are the tax implications of withdrawing the cash value of the pension?
• What is the process of applying to receive either the cash value of the pension or the annuity?

If you have any questions for Miro, please feel free to reach out to Miro and his team by email. And don’t forget to check out his YouTube channel for more excellent personal finance content.

Email: msvoboda@harbourfrontwealth.com

Youtube: Easy Retirement with Miro or https://www.youtube.com/@easyretirementwithmiro