 |
 |
 |
 |
 |
 |
 |
 |
 |
|
Life Insurance Annuities Disability Insurance Long Term Care IRA's
Life insurance is the foundation of financial security for you and your family. It protects your financial resources against the uncertainties of life so you can plan for the future.
Choosing a life insurance product is an important decision, but it can be complicated. As with any major purchase, it is important that you understand your needs and the options available to you.
· Inexpensive Level Term · Permanent Cash Value Insurance · Policies to cover Final Expenses and Estate Taxes
We offer the following:
Annuities
The government provides a way for you to reduce taxes on your investments without any market risk!!!
You can have stock market potential growth with SAFETY of your PRINCIPAL and EARNINGS !!
INDEXED ANNUITIES
-
The power of tax deferral
-
Up front bonuses
-
No downside market risk
-
Earnings are locked in
-
Systematic withdrawal features
-
Guaranteed Lifetime Income
-
No sales charge
For Anyone who is:
-
not happy with your CD rates
-
a conservative investor
-
a traditional fixed annuity owner
-
a retirement saver
-
unsure of your mutual fund returns
-
looking to enhance or start your IRA
-
looking to "rollover" an employer-sponsored retirement plan
-
concerned with the safety of your savings and investments
Disability Insurance
THE Most Overlooked Insurance!!!
There are many options for replacing your lost income should you become disabled and unable to work. However, none of these alone is likely to be enough to support you and your family until you are able to work again. Disability Income Insurance can make up the difference between what you need and what other programs will give you.
Long Term Care
|
Today, with escalating health care costs, medical advances leading to longer lives, and the development of a greater number of care alternatives, there is renewed interest in long term care insurance. Changes in Medicaid law makes it much less likely that the government will pick up the tab for that long-term care. Many people today have the misconception that Long Term Care and Long Term Care insurance only include nursing home coverage. In fact, nearly 80% of the benefits paid under Long Term Care insurance policies are for care outside of nursing homes. Few patients really want to go to a nursing home. The Long Term Care policies offered today are flexibly designed to assist people in getting care in the setting of their choice and the services that are most appropriate for their particular situation. |
|
Individual Retirement Accounts (IRA's)
A financially secure retirement is an important goal for many people. Since 1974 an Individual Retirement Account (IRA) has been one of the tax-advantaged retirement savings alternatives available to help Americans achieve this goal. The Economic Growth and Tax Relief Reconciliation Act of 2002 contained many provisions affecting IRAs.
How Much Can Be Contributed To An IRA?
Options: Contribute to an Existing Fidelity IRA, Choose Investments for Your IRA, Convert an IRA
Contribution Limits Catch-Up Contributions
Who Can Contribute To An IRA?
Generally, you must be under the age of 70 and have earned income to be eligible to contribute to a traditional IRA. The IRS defines earned income as wages, salaries, tips, commissions, taxable alimony, professional fees, bonuses, and other compensation for personal services.
Farmers and other small business owners may include net income as earned income as long as they are an “active” partner. Earnings and profits from property, such as rental income, and interest or dividend income, pension or annuity income, and Social Security income are not considered earned income.
An exception to the earned income rule is for spousal IRAs. The spouse with earned income may make annual contributions into an IRA for the spouse who does not have earned income. However, a joint federal income tax return must be filed for the tax year the contributions are made.
