Exceeding expecations in retirement through Education, Planning, Implementing and Consistency (EPIC)
Developing and delivering ongoing comprehensive CALSTRS and CALPERS retirement savings and pension planning for employers and their employees
Since 1998, we have helped superintendents, assistant superintendents, school administrators, teachers, facilties workers, school nurses, adjunct professors, new employees, with pension planning and saving for retirement on a post tax and/or pre-tax basis. PERCS will help you develop a reasonable, low risk, retirement savings plan that works in conjunction with CALSTRS, CALPERS, and Social Security. Learn more about buying years of service, reciprocity, Social Security, 403b, 403B ROTH, 457 plans, taxes, retirement, and/or estate planning,
PERCS is glad to help.
There is nothing like a sit down, face to face appointment. While PERCS understands the CALSTRS, CALPERS, Social Security and employer related voluntary 403 and 457 Plans better than most. We start by getting to know you. We analyze your years of service, which column you are in on the pay scale, current age. Do you have years of service to purchase, was there a divorce, heatlh related issues, are you moving out of state after retirement? We look at all factors and then recommend a strategy designed to meet your retirement age goals whether its age 55, 63 or even 70 and beyond. We will even accompany you to your local CALSTRS or CALPERS or LACERA office to support you as you take the final steps towards retiring.
We specialize in working with CALSTRS and CALPERS Employees. We simply understand better than standard financial advisors, stock brokers, 403B salespersons, estate planners, or CPA's how the state pension systems work and the idiosyncrasies associated with each. We can help you better understand how to determine if you qualify to buy years of service and if its worth it. Our team is well acquainted with state pension systems and how they relate to you. Question about reciprocity? Need to rollover money to buy years of service or move into an IRA or better performing 403B or 457? Need to borrow or withdraw from your retirement savings in an emergency? We can help with all of this and more. With over 20 years of service there is not much we haven't seen or can't help with.
Maurice began his retirement consulting career in April, 1998 as a planner with Pension Planners/TDS Group. After the firm was purchased he started his own company enabling him to better fulfill objectives for employees and employers while also carrying out the company's mission and vision, develop working relationships with other third party administrators, investment companies for 403B and 457 Plans, CPA's, and estate planning attorneys. He is a father of two daughters and highly involved in his community.
Our relationships with employer sponsored third party administrators are intensive. We work with them directly to expedite loans, transfer funds to buy years of service from CALSTRS or CALPERS, assist with rollovers, transfers, monthly salary contributions or maximizing your annual contributions on age 50 catch ups and longevity. If your employer is offering a retirement incentive thorugh PARS we will meet with you one on one to help you determine if an early retirement incentive offer is for you
Step-by-step presentations on a variety of topics: Determining percentage of salary at various ages to determine savings rate, QDRO (in the event of a divorce) Windfall Elimination Provision/Government Pension Offset planning as it relates to CALSTRS and Social Security, Reciprocity for those who have worked dually state, city or county positions. How to establish your retirement goals and how to keep on track while pursuing those goals. New Employee orientation (those hired after 2013) Paycheck Stub intepretation, Beneficiary Options Planning and more. Topics can be customized for your district. Contact us for more information
Did you work part time prior to going full time? DId you leave service and cash in your CALPERS or CALSTRS? We can help you determine if you have years of service to purchase, how many, the cost, how to pay for it and if it is worth it.
Did you work for another city, state or county agency. DId you work for CALSTRS and switch to CALPERS. Let us help you plan to maximize your pension benefits by using the state of California reciprocity plan
Need to borrow funds out of your 403B, 457 or 401K Plan? Compare your options. Life happens. Unexpected emergencies, upcoming wedding, college tuition, etc. Find out the rules on borrowing, interest rates, payment schedule. Find out more about required mandatory withdrawals during or after employment
Meet with a PERCS representative to start a 403B, 403B Roth or 457 Plan. Find out which ones works best for you, how to take advantage of tax benefits available to you. Find out how to maximize your monthly contributuion amount while maintaining your ongoing lifestyle
If you qualify should you take early Social Security (age 62), normal Social Security (age 66) or late Social Security (age 70) Find out whether you qualify for Social Security and how much you qualify for individually and from your spouse. Know the rules on page 1 of your Social Security statement: Windfall Elimination Provision and the Government Pension Offset .
Considering retiring earlier than expected. Excellent solutions for retirement savings and income for employees. Lifetime Income riders guaranteed withdrawal payments from your 403B, IRA, 457 or non qualifed annuity that will last a lifetime…income that cannot be outlived.
Work with one of our trusted accountants. Free consultation. Our accountants will make housecalls
Find gold! Did you leave a 401K, 403B or pension with a fomer employer? Getting checks from PARS or Apple? We can help you find lost retirement savings accounts.
Required Minimum Distributions, Inherited funds and tax beneficial withdrawal planning – Retired CALSTRS and CALPERS employees with Social Security and investments in tax-deferred accounts, such as an IRA, 401(k) or 403(b), non-taxable (ROTHS) and fully taxable accounts will discover implement withdrawal strategies that help make the most of their retirement assets and tax situations
Reimburse Your Employees Tax-Free For Their Personal Business Expenses
The Compensation Plus Program allows you, as an employer, to offer your employees the benefit of tax-free reimbursement on their unreimbursed job-related expenses — with zero increase in the employee’s overall compensation plan.
Other Individual Services
Email firstname.lastname@example.org for a quote. There are 10 different Medicare Supplement insurance plans, labeled A, B, C*, D, F*, G, K, L, M and N. Available in most states through private health care insurers
Email email@example.com for a quote. Ask for traditional healthcare plans. Learn more about Medi-Share Plans, what is your Annual Household Portion (AHP), Critical Illness Plans
Buy your first home with little money out-of-pocket using CalHFA's programs and Preferred Lenders. Learn about first time homebuyer and refinancing options. Contact firstname.lastname@example.org to arrange for a free quote and consultation
It is never too early to get started on your retirement planning.
Tell us more about your goals, and we will get you started on a plan.
Monday - Friday: 9am - 5pm
Saturday - Sunday: By appointment
February 19th 2019 Learning Session Documents
2019 Cost of Living Adjustments (pdf)Download
socialsecuritycalstrsandyou 2018 (pdf)Download
Social Security for the CalPERS Benefits Education (pdf)Download
calstrs redeposit or purchase of permissive service credit (pdf)Download
SAMPLE 457 Plan Highlights (pdf)Download