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Best friends Joel and Matt are the co-hosts of How to Money which is all about providing the knowledge & tools that normal folks need to thrive in areas like debt payoff, DIY investing, and crucial money tricks that will provide continuous help along your journey. We believe that access to unbiased and jargon-free personal finance guidance is more necessary than ever before. When you handle your money in a purposeful, thoughtful way that works for your lifestyle, you can really start living ...
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How can a simple program supercharge your retirement income strategy?
In this episode, April Schoen breaks down the intricacies of DROP, The Deferred Retirement Option Program, and its latest updates impacting your financial future.
In this episode, you’ll discover…
- The enticing benefits that make the DROP program a game-changer.
- Key eligibility changes in 2023 that could affect your retirement timeline.
- Various pension options within DROP and how they cater to different retirement goals.
- The significant pros and cons that you'll need to weigh before opting for DROP.
- Strategic ways to manage your DROP payout to maximize retirement benefits and minimize taxes.
116 episodes
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