Mechanicsburg, PA 17050
Annuities
An annuity is the only form of guaranteed income
Saving for retirement? Consider an annuity. Your money is guaranteed to grow. Since there isn't any tax on annuity earnings until they are withdrawn from the account, an annuity can be an excellent way to save for your retirement. There are no age, income, or contribution limits.
The current interest rate is 3.5%.
Individual Retirement Accounts (IRA's):
Is your IRA guaranteed to grow? Whether you choose a Traditional, Roth, SEP or SIMPLE IRA, your money will increase with the options we have for you.
Traditional IRA:
If you qualify, your contributions to a Traditional IRA are tax-deductible. For 2005, up to $4,000 can be deducted. For 2005 taxpayers over age 50 may contribute an extra $500.
Roth IRA:
Contributions to a Roth IRA are NOT tax-deductible, but qualified withdrawals are tax-free. Your money can grow tax free; additionally there are no mandatory withdrawals at age 70 1/2.
SEP-IRA or SIMPLE IRA:
Are you self-employed? A SEP IRA or a SIMPLE IRA could make sense. These " employer-sponsored " IRAs have additional benefits like higher contribution limits.
If you are changing jobs then it is probably a good idea to transfer money from your company plan (either 401 k or other qualified plan) to an IRA under your control. You can transfer money from a 401k or other qualified plan to our IRA options without paying tax.
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Key Insurance Terms
- Premium: A set fee usually charged monthly, that you pay an insurer for a policy.
- Deductible: The amount of money you will have to pay out of pocket before your insurance begins to reimburse care, although some plans provide some reimbursement before the deductible.
- Co-Pay or Co-Payment: A set fee—such as $10 or $25—that you pay for medication or care.
- Co-Insurance: A set percentage of the total cost that you pay for medication or care.
- Network: A contracted group of doctors, hospitals and care providers who work with your insurance plan at lower rates.
- Out of pocket maximum: An annual limit on the amount of money you have to pay before your insurance covers all remaining costs. This limit does not include plan premiums.
Extra Offers
As a courtesy to you we also offer several free services including:
Living Will Creation
Credit Report