Managing your money during retirement is important. Too often, retirees outlive their retirement savings. To help you make the most of your money, Home Office retirees have access to financial planning and tax advice during the first year of retirement.
What’s included
During your first year of retirement, you’re eligible for a maximum reimbursement of $500 for professional financial guidance and tax planning fees that you pay.
- Your financial and/or tax planner must be licensed to perform this service.
- You’re responsible for any fees or expenses in excess of the $500 maximum. Discuss all fees with your financial and/or tax planner during your first meeting.
- This benefit is only available for one year after the date of your retirement.
- You will only be reimbursed for fees paid up to the $500 benefit maximum. If your fees are less than $500, you will not receive the difference in cash.
How to request reimbursement
To receive reimbursement for paid fees, send copies of your invoice and canceled check to:
LS&Co. Ask HR
P.O. Box 2079
Fort Lee, NJ 07024-2079
Make sure your invoice specifies that the services you received were for financial and/or tax planning for your retirement only. Invoices must also be addressed to you.