Call Us To Learn About Our Retirement Plans
Having a retirement plan is essential to securing your family's comfort when you retire. Saving and investing your money are the most important steps to a happy retirement. Rest is exactly what you need after a long day of work. It is important to plan for your golden years, whether you want to travel, pick up a new hobby, or relax
We offer a wide range of investment vehicles and insurance products to assist you in planning for retirement.
IRAs
In order to motivate people to save for retirement, the federal government established individual retirement accounts with a variety of tax advantages.
Traditional IRA
Contributions up to $2,000 per year may be deductible, and earnings are not taxed until you start withdrawing them.
Roth IRA
Roth IRAs may provide greater tax savings and withdrawal flexibility than traditional IRAs for many people. Eligibility depends on income.
Simple IRA
A SIMPLE IRA is a retirement vehicle maintained on a calendar year basis for small employers (fewer than 100 employees earning at least $5,000), which permits contributions through a qualified salary reduction agreement.
Annuities
Typically, annuities provide a series of payments that start at retirement and continue for the rest of the contract owner's life. Retirement income from an annuity can be provided either for a fixed period of time or for the rest of the annuitant's life. Depending on the type of annuity purchased, retirement income payments can begin immediately or be deferred.
401(k)
If you have a 401(k) plan, you can postpone receiving a portion of your salary until you retire. Each year, you can choose the amount of income you'd like to "defer" or "send to the future.". Advantages of a 401(k) include:
You may be able to lower your income rate by deferring a portion of your taxable income.
Money can be used for certain situations, such as buying a house, paying college fees, or in certain hardship situations.
Social Security contributions and benefits will not be affected by your 401(k) plan.
Accounts are transferable, so you can take them from job to job
Long Term Care
The definition of Long-Term Care is "medically necessary assistance, recommended by a physician for a long-term illness or debilitating injury. Recovery is unlikely, and the goal is primarily to help the patient function."
Most health plans, disability plans, and Medicare do not cover long-term care. Long-term care is covered by Medicaid, but only after your assets have been depleted.
Can’t find what you’re looking for? Simply call our friendly staff at (505) 888-8846.