“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
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Let’s explore your financial future by taking the self-interview answering the following questions will help you get a clearer mental picture of your dream retirement. Location: Where do you want to live after you finish your current career? What will your annual housing and transportation expenses be? How much will I cost you each year…
Today I would like to share a very important bit of advice. Beneficiary designations matter Different assets (real estate, investments, IRAs, annuities, 403bs etc.) are passed to heirs using different means. Many are governed by contract (who you list as beneficiary), rather than by what is in your will or trust. Your life insurance and…
By Elliot Raphaelson The American College of Financial Services conducted an online survey containing 38 questions to assess retirement literacy among those near or in retirement. Respondents were between ages 60 and 75 with at least $100,000 in household assets, not including their primary residence. The participants, representing a cross-section of American families, showed a…