Retirement Planning

The Power of the Protection Plan is unmatched.  Protection plans give you the opportunity to set aside after tax dollars that can grow over time using the upside on the markets without the risk of the downturns that we have been seeing over the past year.  These plans are a death benefit life insurance policy with Critical, Chronic and Terminal Illness riders that offers the insured multiple levels of protection.  A well designed plan that can give you a tax-advantage for when you are ready to retire because it lowers the amount of taxable income in the future.

A 401(k) plan is classified as a retirement savings plan that is offered by many American organizations to their employees. These plans contain tax advantages to the employees who sign up. If you are an employer considering offering 401(k) plans to employees, or you are considering changing your strategies, a professional can help you navigate the traditional and Roth options. 

The goal of an annuity plan is for you to be able to comfortably meet your financial goals post-retirement. It is essentially a pension plan that helps you plan for a regular income for the rest of your life. In short, your money is invested, and you live on the returns generated from the investment. These investments are not designed for a risky “high investment return.”

Conventional annuity contracts provide a predictable, guaranteed stream of future income (e.g., for retirement) until the death(s) of the beneficiaries(s) named in the contract or, until a future termination date – whichever occurs first. These financial instruments have been used to accumulate funds and provide significant and sudden increases in personal income (via future, lump-sum withdrawals), all while legally avoiding the taxes (e.g., income-, capital gains-, estate-) that would otherwise be assessed on them. They are designed to make you comfortable post-retirement. Annuities are separated into two categories: Deferred and Immediate Annuities.