The entire retirement process involves paperwork to start your retirement benefits and terminate your employee status. If you will lose your health insurance benefits upon retirement, your employer must notify you and give information about extending coverage, which you mush sign and acknowledge.
A cashier's check or cheque is a check guaranteed by a bank, drawn on the bank's own funds and signed by a cashier. Cashier's checks are treated as guaranteed funds because the bank, rather than the purchaser, is responsible for paying the amount. They are commonly required for real estate and brokerage transactions.
The purchaser visits his bank or credit union to purchase a cashier's check. It is important for the purchaser to bring government-issued photo identification as well as enough cash to pay for the cashier's check if the funds in his account are not sufficient to cover the amount of the cashier's check, as stated by About.com.