Cashing out a retirement account to kill debt sounds simple, but taxes, penalties, and lost growth can cost you 32-34% or more. Here’s the real math.
Why drawing from your Plan 3 bucket before touching your pension or Social Security is the smartest sequence for a WA DRS TRS, PERS, or SERS early retirement.
Pension penalties, why you should never cash out Plan 2 contributions, PEBB eligibility, and the smartest way to use sick leave and VEBA for healthcare.
Our mission is to help provide education and resources to all Washington state employees so that they can avoid costly mistakes & retire with more confidence
Get the most out of your Washington state retirement benefits by taking advantage of the resources created by Ethan Meikle & Shireen Sharma. Join the hundreds of Washington state employees who trust us to guide them in their retirement planning journey each year because of our unique perspective of how your TRS & PERS benefits contribute to your comprehensive financial plan.
