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.
Know the âpayeeâ, the name of the person you will give the check to. You cannot get a blank cashier's check. You must have a payee. A cashier's check has the payee information completed on the check itself. Unlike a money order, on a cashier's check you can't write in the payee information yourself. It may be useful to take the payee to the bank with you, so that you have all the information you need.