Your Life Your Choice

Life Insurance & Living Benefits
Protect your loved ones and secure your financial future with life insurance that offers benefits while you're still alive.
Benefits
403(b) Retirement Plans
Tax Advantages
Contributions to a 403(b) plan are made with pre-tax dollars, reducing your taxable income.
Earnings grow tax-deferred, meaning you won't owe taxes until you withdraw the funds in retirement.
Employer Matching
Many employers offer matching contributions to 403(b) plans, essentially giving you free money for retirement.
This matching can significantly boost your retirement savings over time.
Retirement Security
403(b) plans provide a safe and secure way to save for retirement, with funds protected from creditors and taxes.
They offer various investment options to match your risk tolerance and financial goals.
457 Retirement Plans
Who is Eligible for a 457 Plan?
457 plans are available to employees of state and local governments, as well as certain non-profit organizations. They are similar to 403(b) plans, offering tax-advantaged savings and employer matching.
Key Features of a 457 Plan
Pre-tax contributions
Tax-deferred growth
Employer matching (optional)
Investment options
Individual Retirement Accounts (IRAs)
Traditional IRA
Contributions are tax-deductible, reducing your taxable income in the current year.
Withdrawals in retirement are taxed as ordinary income.
Roth IRA
Contributions are made with after-tax dollars, so withdrawals in retirement are tax-free.
This can be beneficial if you expect to be in a higher tax bracket in retirement.
Roth IRA Contributions
1
Tax-Free Growth
Money you contribute to a Roth IRA grows tax-free, allowing you to keep more of your earnings in retirement.
2
Tax-Free Withdrawals
You can withdraw your contributions and earnings in retirement without paying any taxes.
3
Retirement Security
Roth IRAs offer a secure way to save for retirement, protected from creditors and taxes.
Maximizing Retirement Savings
1
Contribute Early and Often
The earlier you start saving, the more time your money has to grow through compounding.
2
Take Advantage of Employer Matching
If your employer offers matching contributions, be sure to contribute enough to receive the full match.
3
Diversify Your Investments
Spread your investments across different asset classes to mitigate risk and potentially increase returns.
4
Review and Adjust Regularly
Periodically review your retirement savings plan and make adjustments as needed to meet your changing needs and goals.
Protecting Your Family's Future
Comprehensive Financial Planning
Budgeting and Cash Flow
Creating a detailed budget and managing your cash flow effectively can help you reach your financial goals.
Investment Management
Investing wisely can help your money grow and achieve your financial goals.
Debt Management
Developing a strategy to manage and reduce debt can free up your finances for other goals.
Retirement Planning
Planning for retirement ensures you have enough financial resources to enjoy your golden years.
Made with Gamma