Advice-only planning for people deciding what to do with a package, a pension election and a set of deadlines that arrived at the same time, whether the next step is another job or retirement.
Pension, tax, stock options, benefits and the timing of your next move all pull on each other.
We compare a lifetime indexed income against a lump sum, including the portion that must come out as taxable cash, survivor benefits, longevity and how much investment risk the choice transfers to you.
Lump sum, salary continuance or an allocation split across two tax years each land differently on your marginal rate, benefit continuation and EI.
Part of a retiring allowance can often be rolled into an RRSP based on years of service, on top of regular contribution room. We work out what applies to you before the paperwork is signed.
Stock options and RSUs usually have a short post-termination window, are taxed as employment income when exercised, and can require cash you have not received yet.
We model whether the package and your existing assets bridge you to retirement, or how many more working years the plan actually requires, so the job search has a target.
Group life, disability and health coverage end on a date. Conversion options are time-limited and usually do not require new medical evidence, which matters more than most people expect.
Pension elections, option exercise windows and benefit conversions all close on fixed dates, often while you are still deciding whether to sign.
Email us directly at [email protected], or book a call to start the conversation.