Book details

Genre:business & economics
Sub-genre:Personal Finance / Retirement Planning
Language:English
Pages:104
eBook ISBN:9781953294838

IPPFA Retirement Guide (3rd Edition)

Name: IPPFA Retirement Guide (3rd Edition)
Price: 7.99 USD
Availability: InStock
Author: IPPFA Illinois Public Pension Fund Association

By IPPFA Illinois Public Pension Fund Association

Overview

UPDATED FOR 2025 "IPPFA Retirement Guide" is written for the men and women who serve Illinois as police officers and firefighters under the "downstate" Article 3 and Article 4 pension systems. The book provides both an overview and substantial detail on their well-earned pension benefits. But there is more to retirement income than just pensions. This guide further explores the benefits available from Social Security, public employee deferred compensation, and retiree healthcare savings under allowable provisions of the Internal Revenue Code. Understanding these income sources is key to planning and executing a successful retirement.

Description

About The Author

The Illinois Public Pension Fund Association is the largest association of its type in Illinois. Over 500 public pension funds belong to the IPPFA. The association was founded in 1985 as a not-for-profit umbrella association to represent the police and fire defined benefit retirement funds throughout the state. The goals of the founding members were simple: educate pension fund trustees and active and retired members, provide advice and representation for pension funds, and support legislation beneficial to Illinois Pension Funds. In 2001, the IPPFA Board of Directors introduced propriety 457 deferred compensation and VEBA plans to further ensure the retirement security of public safety personnel.