Deferred annuities are a type of contract issued by insurance companies for individuals who wish to save on a tax-deferred basis. Annuities generally extend over a period of time before the accumulation value is converted into a guaranteed monthly payment at retirement. Annuities can be a good fit
As a small business owner, you have a lot on your plate. While setting up an employee retirement plan may seem like another major responsibility, offering a retirement plan can actually provide a number of benefits to both you and your employees. A quality retirement plan allows you to invest money
Are you considering opening a retirement account? Good choice. These days, most seniors cannot get by on Social Security alone. Building up a safety net via a retirement plan is a wise choice for mature adults who want to be comfortable as they live out their golden years. However, planning for
Deferred compensation plans have grown considerably in recent years. Changes in the job market have encouraged employers to look for new ways to retain talented employees by providing appealing benefits. In its simplest terms, deferred compensation is an arrangement between an employer and employee
Profit sharing plans can help provide financial security in retirement for employees while giving employers a motivational tool to attract new talent. Also referred to as a deferred profit sharing plan (DPSP), this plan involves giving employees a share in the profits of the company they work for.
If you need advice or guidance regarding your financial investments, then you need to speak with an investment management consultant. An investment management consultant provides a number of services to individuals and businesses who wish to alter or reach their financial goals. In addition to
As a business owner or employee responsible for a company’s retirement offerings, you may be familiar with profit sharing plans. Also known as deferred profit-sharing plans, these defined contribution plans provide employees with a share of a company’s profits. The employer is responsible for