Retiring with a Pension: Lump Sum or Lifetime Income? Pension Tax Moves You Need to Know

Are you facing the big pension decision at retirement — take the lump sum and manage it yourself, or let your company provide lifetime income? Join us for a live discussion as we break down the pros and cons of each option, explore how taxes can significantly impact your choice, and help you understand the long-term financial and emotional implications of each path. We’ll also cover key tax planning strategies that can help plan for your retirement income and avoid common mistakes.

You’ll Learn:

• The differences between lump sum payouts and lifetime income streams
• How taxes impact each pension option
• Key factors to consider before making your election
• Tax-smart strategies to maximize retirement cash flow
• Common pitfalls to avoid when managing pension money

Troy Sharpe, CFP®, CPWA®, CTS®, will be joined in this discussion by a few members of our Financial Advisor Team: Ryan Kenney, Senior Financial Advisor, and Lizzie Krog, CFP®, CPWA®, CTS®, NSSA®, Senior Planner

We'll also be answering questions and raffling off three $100 gift cards throughout the livestream, so don’t miss this opportunity to spend the evening with us learning about your options—tune in live on May 20th!

This content expresses the general views of Oak Harvest Financial Group and is for educational purposes only. It should not be considered an offer or solicitation to buy or sell securities, nor is it personalized investment, tax, or legal advice. Investing involves the risk of loss and past performance is never a guarantee of future returns. The strategies discussed may not be right for you, and your personal circumstances should be considered carefully before the adoption of any investment or tax strategy. Indexes such as the S&P 500 are not available for direct investment. Client portfolios are based on individual situations, objectives, and risk, and actions and ideas discussed will not apply to all client portfolios. Hypothetical scenarios do not reflect actual results and do not guarantee future results. Terms such as “Guaranteed,” “safety,” and “principal protection” refer to insurance products and are dependent on the financial strength and claims-paying ability of the issuing insurance company. Investment Advisory services provided through Oak Harvest Investment Services, LLC. Insurance services provided through Oak Harvest Insurance Services, LLC. Oak Harvest Financial Group is not affiliated with any government agency *****

Raffle Official Rules

1. No purchase necessary to win.

2. Eligibility. The drawing is open to all natural persons who are residents of the United States who are at least 18 years old at the time of entry. Employees and their respective immediate family members (spouse, parents, siblings, and children) and household members are not eligible. You will be excluded from the drawing if winning will result in you violating the Oak Harvest gift policy. The drawing is subject to federal, state, and local laws and regulations.

3. Sponsor. The drawing is sponsored by Oak Harvest Financial Group, located at 920 Memorial City Way, Suite 150, Houston TX 77024.

4. Agreement to rules. Participation in the drawing constitutes full and unconditional agreement to and acceptance of these Official Rules and the decisions of the Sponsor, which are final and binding. Winning a prize is contingent upon being compliant with these Official Rules. The Sponsor reserves the right to refuse, withdraw, or disqualify an entry at any time at the Sponsor’s sole discretion. By entering this drawing, you represent and warrant that you are eligible to participate based on the eligibility requirements.

5. Entry period. Entries will be accepted May 20, 2025 between 6:00pm CT and 6:45pm CT. Entries submitted before or after the entry period will be disqualified.

6. How to enter. Sign up during the Oak Harvest YouTube Livestream by completing the official entry form. Limit one (1) entry per person.

7. Winner selection. Winner(s) will be selected on May 20, 2025 during the Livestream and will be randomly selected for a chance to win a $100 restaurant gift card.

8. Privacy. Information collected from entrants will not be shared and is subject to the Oak Harvest Privacy Policy which can be found at www.oakharvestfg.com