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Qualified Plans
Deposits for these plans are made before tax, allowing for the full benefit of the funds without tax hindrances.

ABC's of Funding Plans With Qualified Annuity Products
ABC's of Funding Plans With Qualified Annuity Products
  

Qualified annuity plans are funded with before tax dollars and continue to grow tax-deferred until withdrawn for income and retirement. Withdrawal and/or income can be without tax penalty after 59 1/2 years of age or must be started before April in the year you are 70 1/2. We offer some product choices for funding your plans that should be reviewed with us to determine the best fit for your circumstance of life. Each annuity plan product could provide you with advantages and disadvantages; however, in most cases one plan may fit your expectations better over another after a review of them. You can fund your annuity with Fixed, Variable, and Indexed Annuity funding note the choices offered below.

Indexed Annuities
  

A critical factor in today's market, it's not always how much you make but how much you keep. Deposits in this product have no risk of principle and earned returns. Indexed annuities can be used to fund most any qualified or non-qualified plans. The plan flexes with the market index that has been chosen for it to be connected with. You will always earn your base return, thus you can experience some of the market highs without any lows--as you would with the variable annuities product.  A video presentation of this concept can be viewed at http://www.phelpsfinancial.com/summary/p/1370   A defination of terms and other info is persented for your review on the following page. 

Indexed Annuities
Fixed Annuities
Fixed Annuities
   Deposits have the least risk for principle or earned interest out of any investment plan on the market. These plans offer a minimum fixed rate of interest for the policy for as long as it is in force, usually with some extra bonus on the front end, depending on the chosen plan.  These plans can provide a fixed income for life or for a chosen period.
Variable Annuities
   Deposits are invested in mutual funds and can be subject to the most risk but also yield the most return. The risk of principle and interest is the most with this choice. Currently we do not offer these products. When we feel the market is more stable we will take a look at offering these products.
Variable Annuities
403B Plans & Strategy
403B Plans & Strategy
   403B plans are designed for Religious Organizations, Schools, and other Non-profit organizations. There are some special benefits for clergy, known as the 403B-9 benefit, that you should know about.
401K Plans
   The 401K provides opportunity for employers, other than those of religious organizations, schools and other non-profits, to offer retirement plans for their employees that are similar to the 403B, but do have some differences.
401K Plans
IRA Plans
IRA Plans
   IRA plans offer both the advantages of the Traditional and the Roth IRA; each has merit depending on your circumstances of life. To determine what is the best fit for your present circumstances, review the advantages and disadvantages of each with us.
SEP, Simplified Employee Pension Plans
   Simplified Employee Pension    ( Area underconstruction)
SEP, Simplified Employee Pension Plans
Defined Contribution Plans
Defined Contribution Plans
   Area underconstruction
Defined Benefit Plans
   Area underconstruction
Defined Benefit Plans
Site last updated 01/07/2018