Is your retirement plan the best for you and your company?

Is your retirement plan the best for you and your company? Is it bogged down with hidden fees? Are owners and top executives getting the benefit that they really deserve?

Recent legislation, to take effect in 2012, will require retirement plan fee transparency which will reveal the many hidden fees that have been eating away at retirement plan balances for decades. Many business owners, HR directors, and investors are in for a shock.

The enactment of the Pension Protection Act dramatically increased the retirement plan benefits available to owners and top executives. If your plan hasn't been reviewed recently, you should have it done. We can provide you with a NO COST review.

Section 79 Plans

Many business owners have set up tax-deferred retirement plans such as a 401(k) in order to get a tax break. While those plans do provide for a tax advantage now, they come at a heavy tax cost in retirement, when we don't have the income to offset the expense.

Section 79 plans, when funded with permanent insurance, provide an excellent tax advantage for you and your business now AND tax-free access to your money later. Additionally, Section 79 plans provide life insurance in the event that a key person passes away unexpectedly. Our featured plan also includes coverage for terminal, chronic, and critical illness at no additional cost.

A Section 79 plan offers employers an opportunity to purchase life insurance for employees on a tax-advantaged basis. This type of plan offers several advantages:

• Executive gets to exclude a portion (35-40%) of the employer contribution from income
• Tax-advantaged life insurance for key employees' personal or business needs
• Income tax deduction at the corporate level
• High percentage of plan cost allocated to key employees
• Provides supplementary retirement income, tax-free when properly structured
• Attracts and retains key employees
• Offers a limited funding commitment 

Jump Start Your Retirement Savings

Many small business owners reinvest every dollar they can into their business. For their efforts, they are rewarded with ownership of a successful business enterprise. But this often comes at the cost of sufficient planning for retirement. We can help you catch up by jump starting your retirement savings in the form of Leveraged Planning™. 

What is Leveraged Planning?

Leveraged Planning™ offers business owners  the ability to take advantage of leverage to enable the funding of specially selected insurance and annuity products for use as retirement planning strategies, wealth creation tools, components of buy/sell arrangements, and as alternatives to traditional premium financing and more.

Our lending partner extends commercial loans based on the financial and business performance in a broad range of industries. From physician’s offices to metal fabrication shops, funded Leveraged Planning™ programs are well suited to a diverse array of business owners.

The proceeds of these loans are used by the business-clients to purchase life insurance and/or annuity products for the benefit of the businesses owner (or their designated beneficiary). The loan servicing is handled through the firm, thus the business owners is able to place the value of the firm in a position to benefit them or the beneficiaries directly without placing their personal assets in jeopardy.  Each life insurance and annuity product is carefully vetted to ensure that stability is the primary characteristic of any program put in place. Fast approvals, no personal guarantees and internal loan servicing are hallmarks of a program designed for this commercial market.

The salesman who wrote this failed to mention that if you go into what the IRS calls a listed transaction you will get audited.