ARE YOU READY!
LETS OPEN YOUR SEP IRA INTO A LIFETIME OF ANNUITY INCOME.
Business Owners - STOP - Do not file your tax return until you read:
One of the key advantages of a SEP IRA over a traditional or Roth IRA is the elevated contribution limit. For 2016 business owners can contribute up to 25% of income or $53,000, whichever is less. If you're a small business owner, SEP IRAs are appealing because they are easy and inexpensive to set up, and contributions are tax deductible.
Funding flexibility is also a benefit. If you have a tough year financially, you can choose not to contribute to the plan. If you have a great year, you can fund the plan with a larger contribution than you'd originally intended. .
This material has been prepared for informational and educational purposes only. It is not intended to provide, and should not be relied upon for, accounting, legal, tax or investment advice. Please consult with a professional specializing in these areas regarding the applicability of this information to your situation. By responding, you may be contacted by a licensed insurance professional regarding retirement income planning for the products they offer. NOT FDIC INSURED. NOT BANK GUARANTEED. MAY LOSE VALUE, INCLUDING LOSS OF PRINCIPAL. NOT INSURED BY ANY STATE OR FEDERAL AGENCY.
In retirement you need a secure concept of guaranteed retirement income. We believe an index annuity should be part of your retirement plan. A fixed index annuity can work more like a private pension plan with a monthly income check for life with no worries. Many index annuity plans have long term care insurance riders or hospital care if you need the coverage without paying high insurance premiums. You need to start funding or complete a 401k rollover to have the cash build up for when you are ready to take the income. The good news your principal is protected and you can never lose that money in the market volatility.
You already participate in the largest annuity, social security. Yes, social security acts like an annuity. For years you have been paying into the fund and now when it is time to collect, you will get a pay out for life. But social security was not set up to cover all of your retirement income needs, that is why you have a private pension or 401k, IRA to rollover into another annuity option.
Another source of retirement income is rental income from property, that also supplements social security. Rental property is easy to manage when you are young but when you want to retire and just get away stress free, you must sell the investment. Take your gains from the real estate sale and investment in permanent income from a fixed index annuity plan. You can rest easy knowing that other professionals are investing your money for the long term as you still collect income for life and never outlive your money. Get your Fixed Index Annuity Quote below and see what income checks you will receive for the rest of your life!Type your paragraph here.
When you retire, you take all of your Retirement savings & Investment savings (Cash, Pension, 401k, IRA, Rental Income, Mutual Funds, Stocks, Bonds, CD) and put them into One Big Bucket. That Bucket of Savings is what you have to live from with the supplement of social security until death. You might even want to leave something behind for the children, grand children, spouse or charity using cash in the Bucket of Savings or a Life Insurance policy.
The day you leave work, sell your business and stop producing income; you begin to Tap into the One Big Bucket of Savings and supplement with Social Security. As you draw money from your Big Bucket of Savings, the balance begins to slowly trickle down. But you need to have enough so you don't outlive your money. You never know when it's your last day and you may live to be 100. How do you plan for that?
ARE YOU READY!
LETS OPEN YOUR IRA INTO A LIFETIME OF ANNUITY INCOME.