You can maximize the power of tax deferral, get higher returns on your investments and leverage your investments for even greater returns. Best of all, you have complete control over your money. You can borrow from your investments. Pension plans are safe from creditors and judgements. Additional benefits make these plans attractive to employees.
Some plans offer incentives to encourage key employees to remain loyal, reducing turnover.
The following information is not a total explanation of the subject. However, it does provide valuable, in depth information but should be used only as a guide to pension planning. Contacting us directly can provide additional information tailored to your individual situation. Harnessing the power of tax deferred income combined with compound interest can multiply your retirement income significantly. Compound interest is calculated by dividing 72 by the interest rate to estimate the number of years required for your money to double.