Business Retirement Plans # 3998

Business Retirement Plans for
owners, highly compensated & employees

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401 #Kplans

401k plans are the most popular type of retirement plan used today. They can be a powerful tool in promoting financial security in retirement and are a valuable option for businesses considering a retirement plan, providing benefits to employees and their employers.

If you are retiring or laid off… Check with us on the options to Roll Over you current 401K or Pension Plan.  Check out our annuities & IRA’s

For a limited time, due to Corona Virus Pandemic Americans will be able to withdraw money from tax-deferred accounts without penalties under a stimulus package signed into law Friday by President Trump. Rules on 401(k) loans will be relaxed, and some retirees can avoid so-called required minimum distribution, or RMD, rules that might have been onerous. Fortune.com 

Introduction to Social Security Retirement & Family Benefits
along with ways to get even more at retirement

 

When you take your  Social Security benefits, they will be paid out as long as you live including cost of living increases.  Social Security &  Medicare, with it's preventative benefits provide a base on which to you can build a financially secure retirement. Savings and Employer and Individual Retirement Plans - pensions add on to your Social Security, as Social Security was never meant that it would be enough to enjoy retirement.

Social Security is an  “entitlement” program Merriam-Webster *.  This means that since you and your employer paid Social Security taxes. You qualify for these benefits based on your work history (or your spouse or parent).  The amount you get  is based on these earnings. Fact Sheet *    

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