Supplemental Retirement Plans in Englewood
As a business owner, you know how important your employees are to company success. Employees that have been with the company for years, work hard, and hold high-level positions are some of the most valued.
To retain and reward key players, many companies will invest in supplemental retirement planning to ensure that valued employees are comfortable in their old age. These plans tend to exceed the coverage provided by other retirement plans. Ensure you have the best supplemental retirement plans by choosing Intercounty Insurance Service as your trusted local agent.
Get in touch with an expert today at (941) 255-3800 to discover the most affordable and comprehensive supplemental retirement benefits in the Englewood area.
Get Started on Retirement Planning with Intercounty Insurance Service
If you are looking for an expert to help you choose the very best retirement fund, you can trust my expertise. Known for my unparalleled customer care and satisfaction, I’ve been involved in all aspects of retirement planning, including supplemental benefits for years. I have the experience to provide expert guidance and know the insurance products that will deliver the best value for your company.
But don’t just take my word for it! Find out for yourself when you book a consultation today.
No-Obligation Retirement Program Consultations
You’ll have access to a wealth of knowledge when you take advantage of my comprehensive consulting services.
There are dozens of supplemental retirement plans on the market today. I’ll walk you through your options and find a package that works. I’m always more than happy to customize my packages to meet and exceed your expectations.
Understanding Your Employee Retirement Savings
While there are many supplemental retirement options available, most companies choose a cash-value life insurance plan. The employer funds the program by buying the insurance policy and paying the premiums. The company has access to its cash value.
Upon retirement, the insurance policy pays the employee’s supplemental income. Once the employee receives the income, it becomes a taxable benefit. At that time, the employer gets a tax deduction. The funding method benefits both parties.
Benefits for Companies
When companies seek to maximize their crucial employee retirement benefits, supplemental retirement plans can be good choices as the company benefits financially from its investment. When the benefits are paid, the company deducts them as an expense. When a life insurance policy is used to fund the retirement plan, the company benefits from tax-deferred accumulation within the system.
Retirement Benefits for Employees
Employees can tailor the supplemental retirement plan to meet their specific requirements. The benefits accumulate without being immediately taxable. Most policies will also include a death benefit that can be provided to the employee’s beneficiaries in the case of their premature death.
Call Me for Full-Service Retirement Planning in Englewood
At Intercounty Insurance Service, I set up and manage your supplemental retirement fund. I’m available as a continuing source of information and support should you need it, and I’m happy to take your calls around the clock.
Get in touch with me now at (941) 255-3800 for any inquiries.