FAQs

We take pride in a variety of products that help individuals, entrepreneurs, and businesses have a cutting-edge benefit program that does not have the expenses, limitations, or compliance restrictions of qualified plans (i.e., 401(k), 403(b), or IRA). Our products take into consideration both “lean” and “robust” times. We understand the ups and downs of both your business and personal environment. That is why we are happy to offer such flexible and sustainable programs.

Our program benefits businesses because it also benefits their employees. On the business side, it helps with attracting and retaining qualified employees. When you are able to cut out the employee search, hiring, and training expenses, you will see a difference in your bottom line. Our cutting-edge program will make you stand out from other businesses, and your employees will be your best recruiters. There are also many other ways we can help you lower your tax bill, lower your benefit costs (40% – 100%) and prepare for your future growth. Our experts are happy to discuss these topics with you.

This program protects your money when the stock market corrections (market downturns). This will give you peace of mind when watching the market fluctuations. Your money will not be affected negatively by the stock market, so you can keep every penny that you earn. You will also not have to pay taxes when using your money when you need it. Peace of mind comes from also knowing that your tax-free retirement money will not impact your social security benefits. Withdrawals from many retirement plans are defined as “provisional income,” which can adversely affect your social security benefits, causing your social security benefits to be taxed.

Not at all. Most of our clients fall into the age range of 20–75 years old. However, we do set up a lot of tax-free college funds for our clients’ children or grandchildren.

Everyone! In the early days it was the upper 10% elite that were even aware of these products. We are glad that finally these products were brought to middle America so everyone can benefit from these programs. These products go back 173+ years and paid out to people during the Great Depression. Of course, as time has passed, these products have gotten even better. Anyone who follows college football will know that Jim Harbaugh became one of the highest paid college football coaches when Michigan used one of these products to creates income at a level many times what Michigan is paying for it – https://caitlin-taylor.medium.com/how-jim-harbaughs-life-insurance-make-him-one-of-the-highest-paid-college-football-coaches-e944e99f96a7. Also, in October 2021, the documentary “The Baby Boomer Dilemma” is filled with retirement experts explaining how important these strategies are to meet your retirement needs. https://www.boomermovie.com/

Of course! If the business uses the program with a Buy-Sell arrangement or Keyman policies, the premiums become a business expense, lowering the company’s taxable income.

We have various products, so everyone can participate. Our programs are available to businesses, sole entrepreneurs, and individuals alike. Businesses, individuals, and sole entrepreneurs can all benefit from these programs. Most employees request that we share this program with their spouse and family members. We are able to help everyone.

Yes. If an employee leaves the company, this benefit plan can go with them and stay with them until they are 120 years old. We will work with the business and the employee to make sure that they do not lose their benefit when they are no longer with the company. Much different than traditional benefits (i.e., 401(k), term insurance, short-term and/or long-term insurance) where the benefits end when an employee leaves the company.

Yes. This product is available to an employee’s spouse and/or family. Our goal is that everyone is prepared for life’s “what ifs” (illness or injury) and milestones (buying a vehicle or home, going to college or trade school, etc.).

No. Unlike withdrawals from many other types of retirement plans, the withdrawals are NOT defined as “provisional income.” It will not adversely affect your social security benefits and will not cause your social security benefits to be taxed.

A good example is “Can I buy a car with funds from a 529 plan?” No, because “Transportation and Travel” expenses are not “qualified expenses.” That means you cannot use a 529 plan to buy or rent a car, maintain a vehicle or pay for any other travel cost.