Quick Tip:
Draw-Down Considerations
Your “draw-down strategy” is the manner in which you access your retirement savings accounts. It can be just as important as when you retire or how much you withdraw.
Depending on your financial picture and the advice of your financial or tax professional, it may be advantageous to delay withdrawing money from certain retirement savings sources. For example, if you wait to collect Social Security until after you reach your Full Retirement age, you will receive a larger monthly benefit once you finally choose to start receiving it.
The good news is that your Program account provides you with a lot of flexibility, especially if you have other pools of savings you would rather use first.
