You are receiving this email because at some point we identified you as being affiliated with Honda. The message below only impacts current Honda employees that are thinking about retiring in the near term. While it may not impact you directly, we included you on this message in the event you have friends or family that are affected by the change. Please feel free to forward this message on.
Honda has updated their interest rates for the lump sum calculation of the pension plan. From the estimates we’ve seen, it means A DECREASE OF ABOUT 25% TO YOUR LUMP SUM IF YOU WAIT TO TAKE IT UNTIL APRIL 1 or after!
This does not affect anyone planning on taking the traditional pension payments; it only impacts those looking to take the lump sum.
If you are an existing client and have questions on how this change may affect your retirement plans, please contact your advisor. If you want to learn more about your retirement options and McCarthy & Cox sign up here to view our latest Honda Retire Ready webinar.
As always, we truly appreciate the trust and confidence you have placed in us. We will continue to try to bring you any updates that may affect your financial well-being.
Tom McCarthy, CFP®, AIF®
Jim Cox, CFP®, AIF® 
Ryan Mickelson, CFP®, AIF® 
Mark Finney, CFP®, CRPC®, AIF®
Megan McCarthy Collins, CFP®
Quinn Mickelson, AIF®
Don't forget to connect with us on Facebook, LinkedIn and YouTube to keep up to date on the latest information - simply click on the icons below.
Securities and advisory services offered through Commonwealth Financial Network, member FINRA/SIPC, a Registered Investment Adviser.