A New Year Retirement? Read This Before Applying for LAGERS Benefits

Tagged Applying for Benefits, Retirement, Retirement Application, apply for retirement

The Webster Groves Experience

LAGERS loves storytelling.

Tagged Defined Benefit, Defined Contribution, Employers, Members, Prospective Members, Retirement, Retirement Security

June Article Roundup

Tagged News, cyber security, Employers, financial advisors, Members, Prospective Members, Retirees, Retirement, retirement planning, Savings

Back By Popular Demand: What's the Best Payment Option?

LAGERS offers several retirement payment options for you at retirement. And, believe it or not, there is not one option that is better than the other. In fact, the payment options themselves are designed to ultimately pay the same total amount to you or your beneficiary once both of you have passed away. That fact does not really help you make the decision as to which payment options you will choose. Because, while there is no better option than the other, there is an option that may better fit your needs in retirement. Here are some things you should be thinking about when determining which payment option you will choose.

Tagged Members, Retirement, Retirement Options, retirement planning, Retirement Security, secure retirement

Use These 5 Simple Hacks to Ease Financial Stress

Tagged finance, Employers, Members, Planning, Prospective Members, Retirees, Retirement, Savings, Stress

Decoding your Member Annual Statement

Very soon, you will be receiving your Member Annual Statement. While this piece of paper may not seem like much, it is a beneficial tool in your retirement planning arsenal. As you may know, your LAGERS retirement benefit will provide you with a secure stream of income when you retire. Coupled with your own personal savings, Social Security, and other sources of income, your LAGERS benefit will help you achieve financial independence when you decide to retire in the future. So, one of the first things that your annual statement may help you do is plan your retirement saving efforts by you knowing how much to expect from your LAGERS benefit.

Tagged Members, Retirement, retirement planning, secure retirement, Security

The Significance of Your LAGERS COLA Benefit is Larger Than You Think . . .

This year LAGERS retirees will receive a COLA (Cost of Living Adjustment) of around 1%. This increase will be reflected on October 1st and it means much more than just a slight increase to your monthly benefit. It shows the strength and overall financial security of your LAGERS pension system.

Tagged Defined Benefit, COLA, Funding, Members, Retirees, Retirement, Security

September Article Roundup

Tagged News, Economic Impact, Employers, Members, Prospective Members, Retirees, Retirement

It's Time to Review Your Savings Goals

It’s America Saves Week! This week is dedicated to instilling us with good savings principles. Last year, we showed you what some of our current savings goals were. Now that a year has passed, I thought it would be a good idea to review a few of our savings goals and discuss how we are doing to meet our goals.

Tagged Members, Retirees, Retirement, Savings

What to Expect During Your First Year in Retirement

Tagged 1099, COLA, Members, Partial Lump Sum, PLUS, Retirees, Retirement, taxes

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