Should I Take a PLOP?

By now you have heard of the Partial Lump Sum Option or what is referred to as the PLOP.  Many of our clients ask us if the PLOP is right for them. After we analyze their retirement income plan we use our proprietary PFG Paystub Calculator to determine if the PLOP should be used and if so, what the optimal benefit is.  When this step is complete our clients feel more confident about whether the PLOP is an option for them.

Reasons for taking a PLOP

  • Reduce current taxes
  • Leave money to heirs
  • Create new wealth while maintaining pre-retirement income

The key to the PLOP is whether or not you can afford it.  Many advisors will not take the time to help you to correctly determine this.  If an advisor tells you to take the max PLOP without first determining whether you can afford it, please give us a call or use the contact form on the right to request a second opinion.

Securities and advisory services offered through Cetera Advisors LLC, member FINRA, SIPC. Cetera is under separate ownership from any other named entity.

This site is published for residents of the United States only. Financial Advisors of Cetera Advisors LLC, may only conduct business with residents of the states and/or jurisdictions in which they are properly registered. Not all of the products and services referenced on this site may be available in every state and through every advisor listed. For additional information please contact the advisor(s) listed on the site, visit the Cetera Advisors LLC site at www.ceteraadvisors.com.

Our Office of Supervisory Jurisdiction is located at:

137 Wilber Dr. NW, North Canton, OH 44720

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