Voluntary benefits plans are 100% paid by the employee, who can choose which voluntary plans are best for their own situation. Some voluntary plans pay cash benefits directly to employees to cover living expenses, lost wages, copayments and deductibles.
Voluntary Plans, includes life, disability, dental and vision. Employers can provide a more robust workplace benefits package to employees without affecting their bottom line. Employees pay up to 100% for voluntary plans, but get the benefit of a group rate through their employer. We encourage employers to offer to offer voluntary benefits plans as a package for their employees.
We help you eliminate market losses and retire with 50% more income. We’ve discovered an IRS approved way to safely grow your money, cut out the taxes and protected your finances when the next market crash hits.
Whether you are just starting to plan for retirement or are nearing retirement, we can assist you with accumulating wealth and receiving distributions in retirement by setting up a personalized pension so that you will never run out of money.
When approaching retirement, it’s common to start thinking about what you’ll leave behind. Leaving a legacy for children and/or grandchildren, takes careful planning and advice. Unfortunately, only 56% of American retirees plan to leave an inheritance for their children.
Most believe they won’t have any money to leave their kids after they make it through retirement. But by following a retirement investing plan that works, you can leave a legacy of responsibility as well as a financial legacy that can affect your family and community for generations to come.
Your paycheck helps you maintain your current way of life. If you find yourself unable to work, short-term disability insurance will provide cash to help ease the financial stress of a covered illness or injury.
This insurance pays benefits (i.e., a monthly amount that is a percentage of your gross income) for a period of time while you are disabled. We will help you select the right amount of short-term disability insurance benefits for your needs, as well as the length of time they are payable. Group rates are usually less than individual policy rates. The cost of this coverage may be paid for by the employer, you as the employee, or on a shared basis.
Accident and Critical Illness Plans
If you have ever been out of work because of an illness or accident, you know there are two things that are increasingly hard to come by: peace of mind and cash.
If you're sick or injured, the costs can really start to pile up. Our critical illness insurance can help with the treatment costs of life-changing illnesses and health events so you can stay focused on recuperation. Critical illness insurance pays you cash for those costs not covered by your major medical insurance.
There are several tax-free ways to save for retirement such as bonds or Roth IRAs, which have certain risks and limitations. They may either have a high risk or low returns, and some have contribution limits.One tax-free product that allows access to your cash value is an index universal life (IUL) insurance policy.
As long as your IUL policy is active, the cash you borrow from it does not have to be repaid. And, if you do not repay the policy loan, the loan balance will be deducted from the death benefit and the remaining benefit will be paid to the beneficiary. We will work with you to develop the right plan that meets your budget and coverage needs.
College costs are on the rise. According to the College Board, earning a college degree can now cost anywhere from $52,000 to $130,000. The cost of college tuition is rising faster than the rate of inflation! There are many ways of funding a college education.
Even when grants, scholarships and other funding options are available, many people still find a gap between the available funds and the cost of college. It’s never too early to plan for your child or grandchild’s college. Let us help you with optional college funding strategies.
Today, we’re living an average of 10 years longer than we did in 1950. That’s 120 additional monthly paychecks you’ll be paying yourself in retirement. You may need retirement income that can last into your 80s, 90s, maybe even 100s.
An annuity is a contract between you and an insurance company that requires the insurer to make payments to you, either immediately or in the future. With an annuity, a lump sum of cash invested to produce a monthly stream of income for a fixed period or for life. The income can start now (immediate annuity) or in the future (deferred annuity). People typically buy annuities to help manage their income in retirement.
Annuities provide three things:
Periodic payments for a specific amount of time. This may be for the rest of your life, or the life of your spouse or another person.
Death benefits. If you die before you start receiving payments, the person you name as your beneficiary receives a specific payment.
Tax-deferred growth. You pay no taxes on the income and investment gains from your annuity until you withdraw the money.