Pre-Retirement Seminar Video Series

MSRS offers no cost, half-day retirement planning seminars at various locations throughout Minnesota. The seminar provides those approaching retirement with valuable information to help plan for their retirement.

Unable to attend a Pre-Retirement seminar or want to learn more?
Watch these videos to learn about the topics covered.

 

INTRODUCTION
Preparing for retirement starts with a plan.  In this section we discuss some realities to consider that could affect your retirement savings and walk through  steps to prepare a retirement budget.

 

PENSION
A pension may be one of your greatest sources of retirement income. In this section we discuss  how the State of Minnesota pension benefit  is calculated, the plan features, and the impact of collecting your benefit before full retirement age.

 

INCOME GAP
You may have an income gap if your pension and Social Security benefits are not enough to cover your retirement expenses. In this section we discuss ways to bridge  income gaps.

 

MINNESOTA DEFERRED COMPENSATION 457(b) PLAN   (MNDCP)
The MNDCP is a voluntary savings account to be used after you separate from service, typically in retirement. In this section we discuss the MNDCP features and how to use your account savings to supplement  pension and Social Security income.

 

HEALTH CARE SAVINGS PLAN   (HCSP)
The HCSP is a tax-free savings account to be used once you separate from service. In this section we discuss the features of the HCSP and options to utilize your HCSP savings.

 

SOCIAL SECURITY
A Social Security Representative will present at most MSRS Pre-Retirement seminars, depending on availability.

Social Security puts you in control by providing an array of services when, where and how you need them. From applying for benefits and getting answers to your questions online, or maintaining your personal information through a My Social Security account. Social Security is constantly expanding online service offerings to give you freedom and control in how you wish to conduct your Social Security business. Click the image below to get started.