Comrade Financial Group offers income replacement strategies to replace all or part of your income when you decide to retire. The most important part of this strategy is that the income is Tax Free! If you are still in your working years and looking at diversification of your portfolio, we can help. During your working years this product has death benefit protection that builds and grows under your cash value of the product. This cash value provides an emergency fund, premium flexibility, control over your account, tax deferred and sometimes tax free growth, and competitive growth compared to other products currently offered. We all would like to have an emergency fund, before the emergency. Everyone wants to have the flexibility of lowering a premium payment to help get through a rough patch. We are here to help. Ask us how we can find the solutions for your concerns. Also see our page here for more information. Thank you.
Jack Fleming – Financial Consultant
All About Annuities!
I really wanted to do a blog post about Annuities! In this Economic environment, you really can’t earn a decent return using CD’s. Okay, if you want 1%, that is fine, but with the inflation rate around 3%, you are going backwards. Annuities right now are giving 2 to 3 times that with simple Fixed Annuities. There are many carriers out there offering a variety of products like Fixed Annuities, but their rates are not that much above what you can get for a long term CD. The key is looking for the right Carrier. The best thing or concept I love about Annuities is that you will and can earn Interest on the Interest you already earned. So that is compounding in its most simple form. If you have some savings, a underperforming 401K, or you are just looking to start a rock solid Retirement Plan. I strongly suggest looking into Fixed Annuities as part of your Retirement portfolio. Remember that some Annuities will offer Withdrawal options, some at 5% and some at 10%, these are penalty free. Heck some carriers are offering Premium bonuses just to get one started. Also another important thing to remember that just like any other Insurance product, read everything and make sure you understand it. That is where Comrade Financial Group can help. No Pressure, just information.
Jack Fleming – Insurance Broker