Make Sure You Are Ready For Retirement - J.W. Thompson Investments

Sep 25, 2026

Make Sure You Are Ready For Retirement describes J.W. Thompson Investments’ retirement plan education and personalized investment advice for Local 94 members at no out-of-pocket cost. The document explains how JWTI answers the question “What Funds Should I Be Invested In?” through investment analysis, including current vs. future needs, pension projections, and Social Security benefits, and then provides an annual investment analysis report with action plan feedback. It also outlines Local 94 Annuity Fund distribution options and key tax considerations, including lifetime annuity payments, IRA rollovers, personal distributions, systematic payments, and annual interest payments, with contact details.

LanguageEnglish

CategoryHealthcare

FormatPDF

Pages6

Reading Time15 min

AccessFree to download

Distribution Options Overview

Life-Time Annuity Payment

IRA Rollover

Personal Distribution

Scheduled Systematic Distribution Payments

Annual Interest Payment

Account Questions and Personalized Analysis

Make Sure You Are Ready For Retirement J.W. THOMPSON INVESTMENTS – As your plan’s dedicated provider of retirement plan education and personalized investment advice, John & Jay Thompson work directly with the members of Local 94 to help you understand how to make the most of your retirement savings. Our services range from answering questions about your account, to performing a comprehensive investment analysis that answers the question “What Funds Should I Be Invested In?” As a member of Local 94, you pay nothing out-of-pocket for any of these services. Through a pro-active partnership between John Hancock your plan’s service provider, and J.W. Thompson Investments, we bring you our retirement planning insight and industry expertise to help with your retirement savings goals. John Wm . Thompson Managing Partner and Chief Investment Officer Mr. Thompson is a Certified Retirement Counselor and holds the following FINRA Securities Licenses: FINRA Series 7 – General Securities Representative FINRA Series 24 – General Securities Principal FINRA Series 63 – Uniform Securities Agent FINRA Series 65 – Registered Investment Advisor Jay Thompson Vice President Retirement Plans Mr. Thompson holds the following FINRA Securities Licenses: FINRA Series 7 – General Securities Representative FINRA Series 63 – Uniform Securities Agent FINRA Series 65 – Registered Investment Advisor Detailed Investment Advice: How J.W. Thompson Investments Answers the Question … “What Funds Should I Be Invested In?” • J.W. Thompson Investments works directly with you to create a detailed investment “road map” that provides specific recommendations and personalized retirement advice. During the Investment Analysis stage, JWTI works with you to identify key financial components such as: “Current versus Future Expenses and Income Needs” “Retirement Savings Outside of the Annuity Fund”, as well as “Central Pension Projections” and “Social Security Benefits.” • Once complete JWTI provides participants with an Investment Analysis Report that details an explanation of investment reallocations necessary to achieve a specific target model. Additionally JWTI will preview participant action plans on an annual basis and provide feed back and adjustments should situations warrant. | | | | | --- | --- | --- | Understanding Your Distribution Options: At retirement there are various distribution options available to you through the Local 94 Annuity Fund. J.W. Thompson Investments helps members understand these options and decide which option is best suited for the specific retirement income needs. Outlined below are the specific distribution options available to you through the plan as explained on the “Distribution Election Form”. ❖ Life-Time Annuity Payment – The annuity option is available to members who are interested in a payment stream insured for their life in retirement. The annuity payment options available to you include Single and Joint Life benefit payouts. These products are intended for immediate retirement income and require advanced retirement planning to determine which option might be the most appropriate for your specific income needs. Please note that additional options such as death benefit payouts and period certain options can be incorporated into an annuity contract with the underwriter once this option is selected. ❖ IRA Rollover – This option allows you to transfer your Local 94 Annuity Fund to an Individual Retirement Account (IRA) where you can take a portion of your distribution as a cash payment and elect to have the remaining balance invested in stocks, bonds, mutual funds, or even life time annuity investments. ❖ Personal Distribution – This option allows you to take either a lump-sum cash distribution or “one time” partial cash distribution from the Fund. In this case you are required to pay the minimum 20% Federal Income Tax withholding and any state tax withholding, if required. There may als

FAQs

What services does J.W. Thompson Investments provide to Local 94 members?

J.W. Thompson Investments provides retirement plan education and personalized investment advice, including answering questions about accounts and performing comprehensive investment analysis. Participants receive an investment analysis report with recommended reallocations and annual action plan feedback.

How does the investment analysis help answer “What Funds Should I Be Invested In?”

JWTI works with you to identify key components such as current versus future expenses and income needs, retirement savings outside the annuity fund, central pension projections, and Social Security benefits. It then recommends reallocations to reach a specific target model.

What are the available distribution options at retirement through the Local 94 Annuity Fund?

The document lists lifetime annuity payment options, IRA rollover, personal distribution (including tax withholding and early withdrawal considerations), scheduled systematic distribution payments across set time horizons, and annual interest payment options based on prior-year investment income.

Sep 25, 2026

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