Absolutely! Here’s a solid list of learning objectives for a class on “Should You Roll Over Your 401(k)/TSP Into an Annuity After Retirement?”
🎯 Class Objectives
By the end of this class, participants will be able to:
- Define what a 401(k), TSP, and annuity are, including the different types of annuities (e.g., immediate, deferred, fixed, variable, indexed).
- Explain how 401(k) and TSP accounts function in retirement, including Required Minimum Distributions (RMDs) and withdrawal strategies.
- Evaluate the pros and cons of rolling over a 401(k)/TSP into an annuity versus keeping the funds in their current accounts or rolling them into an IRA.
- Compare TSP's annuity options (through MetLife) with private market annuities, including differences in flexibility, payout options, and costs.
- Identify key financial and lifestyle factors to consider before making a rollover decision, such as:
- Income needs
- Market risk tolerance
- Life expectancy
- Legacy goals
- Liquidity needs
- Assess whether a full rollover, partial annuitization, or a diversified strategy best suits their retirement goals.
- Recognize common annuity fees, terms, and red flags in annuity contracts to avoid unsuitable products.
- Formulate a basic retirement income strategy using a combination of annuities, TSP/401(k), Social Security, and other income sources.
- Ask the right questions when speaking to a financial advisor or insurance agent about annuities and rollover options.
- Apply the knowledge to a sample retirement scenario through a case study or budgeting exercise.
