Retirement & Financial Planning
Making sure you and your family are comfortable when you retire takes planning and solid advice. Chalmers Group specialists can help you prepare for this important stage of life with a variety of retirement and investment products from the nation's top companies. Ask us about 401(k) plans for your business, as well as variable or deferred annuities for yourself.
IRAs
Individual Retirement Accounts were established by the Federal government to encourage people to save for their retirement by providing a variety of tax advantages. From Traditional to Simple to Roth IRAs, we can help you choose the right plan for you or your employees.
Annuities
Annuities can provide retirement income for either a fixed period of time or for the rest of an annuitant's life. Retirement income payments can begin immediately with the purchase of an annuity or be deferred to some time in the future.
401(k)
A 401(k) plan allows you to postpone receiving a portion of your salary until you retire. You choose the amount of income you would like to "send to the future," or defer annually. Advantages include:
- You may be able to lower your tax rate by deferring a portion of your taxable income.
- Money can be accessed for certain needs like buying a house, college fees, or in some emergency situations.
- Your savings are typically invested in funds of your choosing.
- Social Security benefits will not be impacted by your 401(k) plan.
- Your 401(k) is transferable, and can be taken with you from job to job.
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