Supplemental Retirement Plans in Martensville
RAM Financial LTD is Martensville’s top choice for supplemental retirement plans. We help employers, staff, and individuals invest in themselves and enjoy their retirement to the fullest. Diligent, experienced, and dependable, our team of brokers and financial planners is second to none. For trusted advice from reliable experts, consider us the first company to call.
To schedule a consultation, don’t hesitate to call us at (306) 244-7660 today.Get A Quote
Expert Advice for Retirement Benefits
If you want to invest in supplemental retirement planning for your employees, you can trust our track record. We’ve helped numerous companies provide their most valued employees with retirement benefits that go above and beyond standard packages.
Our specialists have the knowledge to provide expert guidance and insurance products that deliver the best value for your company. To schedule an appointment, be sure to reach out to us today.
Retirement Planning Consultation
When you get in touch, we will set up a comprehensive consultation. Our team will take the time to understand your business before recommending the most suitable plans.
Supplemental retirement plans can vary greatly but can be tailored to meet your specific needs while allowing you maximum recovery of the cost of your investment.
How Supplemental Retirement Plans Work
A supplemental retirement plan is a group retirement plan. Typically, when investing in additional retirement insurance for employees, an employer will purchase the insurance policy and pay premiums while having access to its cash value.
When the time comes, the insurance company will pay out the employee the supplemental retirement income. The retirement is a taxable benefit, and the employer will receive the tax deduction.
It’s easy to see how investing in a retirement fund can help both companies and their staff.
Benefits of Supplemental Retirement Plans
Investing in supplemental retirement plans helps companies maximize their employees coverage while benefitting financially.
When the benefits are paid out, the company can deduct them as an expense. When a life insurance policy is used to fund the benefits, the company benefits from tax-deferred accumulation within the plan. Often the program can be structured so that the company can recover its cost.
One of the best advantages of supplemental plans is that employees have the flexibility to tailor the policy to meet their specific needs into retirement.
The benefits accumulate without any immediate tax consequences. With the cash-value life insurance policy, death benefits are available and can provide a continued supplemental or lump-sum payment to the employee’s beneficiaries in the event of premature death. This feature provides an additional layer of security.
For Martensville’s Best Retirement Planners, Choose RAM Financial LTD
RAM Financial LTD does much more than setting up a retirement program for your employees. Our experts are available as a constant source of information and counsel. We will handle the administration of your plan, ensuring that you and your staff get the most out of your benefits. With us, your future is sure to be one filled with success.
To get started on the road to retirement, contact us today. We’re here for you.