Pension Retirement Planning: TXU
| How do you know you’re getting the right retirement planning information? Come to Hanson McClain. |
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Since 1993, Hanson McClain has specialized in the intricacies of the utility and telecom pension and thrift plans. We are experts with the pension and thrift plans of TXU. |
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We offer TXU employees FREE regular educational workshops and consultations. |
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Hanson McClain provides a custom retirement planning tool, the Independent Personal Retirement Overview (IPRO®), designed specifically for utility and telecom employees. |
Call us to help you understand your retirement options and map out your financial future.
2008 interest rate used to calculate Cash Balance lump sum distribution cashouts: 4.52%
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TXU employees receive either a Traditional Retirement Plan or a Cash Balance Benefit, based upon their hire date. Each plan is calculated differently and offers different payment options. The details can be confusing, especially since your decision is final and will impact you and family members during your retirement. Part of financial planning for retirement involves choosing the distribution method that best fits your personal situation.