(excluding dividend income) each policy year.
Personal Pension Account (Tax-Free): Under this plan, the employee establishes a Personally-owned life insurance plan, which can be a
significant addition to their client's retirement resources. The employer does not have to make any premium, payments on behalf of the client,
unless the employer deems that Key Employee Insurance would be beneficial for the employer and employee. Learn more about Personal Pension
Self Employed Retirement Plans
Independent contractors, self employed individuals and small business owners typically select from the Solo 401k, SEP IRA, Defined Benefit Plan
or Simple IRA. These self employed retirement plans are popular because they offer high annual contribution limits and some plans permit loans.
Examine the features of these retirement plans to determine which plan is appropriate for you. Learn more about Self Employed Retirement Plans.
IRA / Individual Retirement Accounts
An Individual Retirement Account (IRA) is a tax advantaged retirement savings plan created by the US government to encourage individuals to save
for their retirement. Some investments selected inside these accounts may include mutual funds, stocks, bonds, annuities and CDs. The two most
popular IRAs setup by individual investors are the Traditional IRA and Roth IRA. Learn more about the IRA.
Rollovers: 401k, 403b, 457, TSP
If you have a 401k, 403b, 457, TSP or some other retirement plan with a previous employer, you should strongly consider the benefits of transferring
your retirement assets into a Rollover IRA. The Rollover IRA is a tax advantaged IRA account designed to receive retirement funds rolled over from
an ex-employer’s retirement plan such as a 401k, 403b, 457 or Thrift Savings Plan. Learn more about Rollovers.
Corporate 401k clients benefit from our retirement plan experience and expertise due to our existing relationships with numerous 401k providers.
Our understanding of the corporate retirement plan marketplace enables us to find the retirement plan that is best suited for our clients. RCC helps
small businesses and corporations establish new 401k plans. Learn more about the Corporate 401k.
|Retirement Planning Solutions
a Hamlett Benefits Group Company