Supplemental Retirement Plans in Punta Gorda
Intercounty Insurance Service is Punta Gorda’s top choice for supplemental retirement plans. I help employers, staff, and individuals invest in themselves and enjoy their retirement to the fullest. Diligent, experienced, and dependable, my insurance services are second to none. For trusted advice from a reliable expert, consider me the first agent to call.
To schedule a consultation, don’t hesitate to call (941) 255-3800 today.
Expert Advice for Retirement Benefits
If you want to invest in supplemental retirement planning for your employees, you can trust my track record. I’ve helped numerous companies provide their most valued employees with retirement benefits that go above and beyond standard packages.
I have the knowledge to provide expert guidance and insurance products that deliver the best value for your company. To schedule an appointment, be sure to reach out today.
Retirement Planning Consultation
When you get in touch, I’ll set up a comprehensive consultation. I’ll take the time to understand your business before recommending the most suitable plans.
Supplemental retirement plans can vary greatly but can be tailored to meet your specific needs while allowing you maximum recovery of the cost of your investment.
How Supplemental Retirement Plans Work
A supplemental retirement plan is a group retirement plan. Typically, when investing in additional retirement insurance for employees, an employer will purchase the insurance policy and pay premiums while having access to its cash value.
When the time comes, the insurance company will pay out the employee the supplemental retirement income. The retirement is a taxable benefit, and the employer will receive the tax deduction.
It’s easy to see how investing in a retirement fund can help both companies and their staff.
Benefits of Supplemental Retirement Plans
Companies
Investing in supplemental retirement plans helps companies maximize their employees’ coverage while benefitting financially.
When the benefits are paid out, the company can deduct them as an expense. When a life insurance policy is used to fund the benefits, the company benefits from tax-deferred accumulation within the plan. Often the program can be structured so that the company can recover its cost.
Employees
One of the best advantages of supplemental plans is that employees have the flexibility to tailor the policy to meet their specific needs into retirement.
The benefits accumulate without any immediate tax consequences. With the cash-value life insurance policy, death benefits are available and can provide a continued supplemental or lump-sum payment to the employee’s beneficiaries in the event of premature death. This feature provides an additional layer of security.
For Punta Gorda’s Best Retirement Planners, Choose Intercounty Insurance Service
Intercounty Insurance Service does much more than setting up a retirement program for your employees. I’m available as a constant source of information and counsel. I’ll handle the administration of your plan, ensuring that you and your staff get the most out of your benefits. With me, your future is sure to be one filled with success.
To get started on the road to retirement, contact (941) 255-3800 today. I’m here for you.