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401(k) Plans

A qualified profit-sharing plan that allows employees to contribute a portion of their wage to an individual account. Employers contribute small amount to employee accounts.All earnings are includible in taxable income at retirement.

Accelerated Death Benefit Endorsements

When attached to a life insurance policy it allows the policy owner to use a portion of the death benefit, in order to use to benefit while the insured is still living. Ex. The insured is diagnosed with a qualifying critical, chronic, or terminal illness.

Banking Arbitration

A mechanism for resolving disputes between investors and brokers, or between brokers.

Buy-Sell Agreement

Contract funded by a life insurance policy that can help minimize the turmoil caused by the sudden departure, disability or death of a business owner or partner.

Two types of buy-sell agreements:

  • Entity: purchase agreement, the business agrees to buy the deceased owner's interest from the deceased owner’s estate.
  • Cross: purchase agreement, the owners agree to purchase life insurance policies in each other to fund the purchase life insurance policies in each other to fund the purchase of the owner's interest upon death.

Education Funding

Saving for children college funds.

Executive Bonus Plan

The employer gives a selected employee a bonus, which the employee then uses to buy a life insurance policy. In this policy the employee is the insured, the owner and can name their own beneficiary.

Indexed Universal Life

A version of Universal Life Insurance that combines death benefit protection with the opportunity to grow cash value through an account that credits interest based upon the upward movement of the stock market indexes- without the risk of investing directly in the market. The Index Account features a zero percent floor which guarantees your account won’t earn less than zero percent due to poor marketing performance.

Key Employee Insurance

Insurance that protects a business from financial loss in case of the death of a key employee. This employee can be the owner of the business or an employee that has knowledge crucial for the business survival.

Life Insurance

To learn about Life Insurance, click here.

Mortgage Planning

The process of evaluating and choosing the best mortgage option based on an individual’s financial situation or goals.

Retirement Planning

Plans help with retirement income as well as help your family if one dies prematurely.

Tax-Free Retirement Account

A indexed universal life insurance policy that is designed to provide tax-free income for retirement. A TFRA is funded with after-tax dollars. Cash value in this policy grows tax-deferred and the policy holder cAn take out tax-free loans from that cash value during their lifetime or wait until retirement.