“If there is one person I trust when it comes to helping people navigate the retirement process, it has to be VRS support. The support and guidance provided was straight forward and in my best interest.”
- Joan Krause - Executive Secretary

We know people like you, sitting right where you are, thinking about retirement and not exactly knowing what to do. We were in your shoes not too long ago. We wish we knew what we know now before we went to the Human Resource / Benefits Department. Are you aware that employees retiring under the (VRS) Virginia Retirement System will have their salary reduced by half, and will lose 75% of the face value of their life insurance? If you have enough years in the Virginia Retirement System (VRS) to retire, you need information, and you need it soon.That is why we set up VRS Support.


We want to share information to help you make the right decisions about your retirement.


News You Can Use

Helpful VRS Information

Click the arrows after each post title to read news updates in full.

A Dollar Doesn’t Go As Far As It Used To

Good evening A dollar doesn’t go as far as it used to. I am sure you have heard this many times before. At historical inflations rates, a dollar today may only be worth .42 cents in 30 yearsFor the equivalent of $50,000/year in retirement income today, in 20 years you’ll need $101,640/year thanks to inflation….

Some Questions Answered

Welcome to the month of October. In the last post we were talking about thinking long term. One thing I forgot to mention is Deduction! You can deduct more of your long-term-care premiums as a medical expense in 2016. Taxpayers 71 and older can claim up to $4,870, seniors 61 to 70 can claim up…

Think Long Term

To be prepared, you must Think Long Term. Make plans so unexpected medical expenses don’t wipe out your retirement. Here is a real example. The names have been changed. Nick and his wife Flo, were healthy in 1999, but the College professor retiree bought long-term care insurance anyway. It turned out to be a wise…


 Click Here for More News You Can Use