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Retirement Planning

Retirement Planning


Helping your employees plan for retirement is one of the single best ways you can show them how much you appreciate their contributions to your organization. In turn, this will strengthen their loyalty and motivate them to do their best work for you. We can help you offer retirement benefits that demonstrate a clear commitment to the long-term well-being of your team, while staying within your company’s financial goals.

Business Annuities


An annuity is an investment structure that allows one or more large deposits to be converted into a stream of income. Annuities can serve as a mechanism for a business owner to fund qualified retirement accounts for employees.

Are annuities right for my business? Here are the facts:

  • Annuities can offer significant tax benefits, as they allow employers (and in some cases employees) to make tax-deferred contributions to individual retirement accounts.
  • An annuity goes through two phases:
    • The first phase is an accumulation phase in which money is contributed to the fund and the value of the annuity increases.
    • The second phase the income phase. The annuity will begin to pay a guaranteed stream of income to the policy owner, or beneficiary in the case of the passing of the insured. This income may last for the life of the beneficiary or for a predetermined period of time.
  • An annuity can be used by an employer to fund a savings incentive match plan (SIMPLE IRA) or a simplified employee pension plan (SEP-IRA).
    • A SIMPLE IRA offers employees the opportunity to contribute to an individual retirement account set up in their name. The employer is required to make annual contributions for each of the plan's participants. Employee and employer contributions both enjoy significant tax benefits.
    • A SEP-IRA also offers employers the ability to make tax-deductible contributions, but does not allow employees to make their own contributions.


Annuities can be a highly advantageous way to set up retirement accounts for your employees. Give us your name and number, and we can help you figure out if an annuity would be beneficial to your organization.

Retirement Plans for Businesses


Offering your employees access to a comprehensive retirement plan can help them focus on doing great work in the present, without having to worry about whether they will be provided for in the future. In addition, the right retirement benefits can differentiate your company from other employment opportunities, helping to ensure that you attract and keep the best possible talent.

What type of retirement plan is right for your company? Here are the facts:

There is no one-size-fits-all solution for providing retirement benefits for your employees. There are a wide range of plans available for different types of companies with different structures and objectives. Some of these include:

  • Plans that guarantee an employee a fixed benefit at retirement. (Defined Benefit Plans)
  • Plans that allow employees to make their own tax-deferred contributions and investments. (Defined Contribution Plans)
  • Plans for companies with highly compensated employees. (Non-Qualified Deferred Compensation Plans)
  • Plans for organizations looking to provide benefits to several companies. (Multiple Employer Plans)
  • Plans specifically for unionized employees. (Taft-Hartley Plans)


Regardless of what type of organization you run, we can help you find a plan that will fit your needs. Just give us your name and number, and a representative will get back to you shortly to help you get started.

Terminal Funding Annuity Contracts


A terminal funding annuity contract can be used to help an employer ensure that benefits are paid in the event that a pension plan is shut down.

Are terminal funding annuity contracts the right solution for you? Here are the facts:

There is no one-size-fits-all solution for providing retirement benefits for your employees. There are a wide range of plans available for different types of companies with different structures and objectives. Some of these include:

  • There are many circumstances in which an employer might want to shut down a pension plan. These include bankruptcies, mergers, acquisitions, branch closures, or changes in corporate structures that require a switch to a different type of plan.
  • A terminal funding annuity contract can allow an employer to make sure that benefit obligations continue to be met during and after one of these transitions. This is accomplished through the purchase of an annuity, which guarantees future payment of the benefits that are owed.
  • Purchasing a terminal funding annuity can be one of the most efficient ways to remove long-term obligations from a company’s books with a one-time payment, in the event that a pension plan needs to be closed.


If you are considering closing an existing pension plan, we can help you manage the transition in the smoothest way possible. Give us your name and number, and a representative will get back to you in a timely manner.

Long-Term Care Insurance for Businesses


Long-term care insurance can help ensure that your employees are taken care of in the event that they become unable to take care of themselves. Providing your employees with this type of security can give them confidence about their future, and will encourage gratitude and loyalty towards your organization.

Is long-term care insurance right for your company? Here are the facts:

  • If someone becomes inflicted with a chronic illness or cognitive impairment, a long-term care policy can help ensure that he or she maintains the best possible quality of life while protecting personal wealth from being depleted by the cost of care.
  • Long-term care insurance provides the means to pay for the assistance a person needs when he or she becomes unable to perform daily activities like eating, bathing, or dressing. The right plan can ensure access to a wide range of options, including in-home assistance or treatment in an assisted living facility or nursing home.
  • Providing long-term care insurance for your executive employees can help attract and keep the highest level of talent. In addition, premiums paid for this insurance may be fully deductible as regular business expenses, and your executives will not have to pay taxes on their long-term care benefits.


Making sure your employees are taken care of can be the cornerstone to attracting and maintaining the best possible team.

Life Insurance for Business


Life insurance can have many uses for a business owner, from rewarding key employees to protecting the financial security of your organization. Choosing the right insurance options can be one of the most important decisions you will make in building and operating a successful business.

What type of life insurance is right for your organization? Here are the facts:

There are many different types of life insurance, each with its own unique purpose and benefits. Some of the most important types are:

  • Executive group life insurance can help an employer cover their executives and other key employees. These plans are designed to reward your most important team members, which can lead to an increased sense of loyalty from the employees that matter the most to your organization.
  • Corporate-owned life insurance can be used to help insure the lives of employees who are essential to the operation of a business. It can also be used as a way to fund retirement benefits.
  • Term insurance can be a cost-effective way to cover your employees’ immediate insurance needs, while giving them the opportunity to convert to a permanent insurance plan in the future.
  • Whole life insurance offers the most guarantees of any kind of life insurance. The premiums will never increase. The death benefit will never go down. In addition, whole life insurance policies have a guaranteed cash value, which can be borrowed against. This living benefit can be used as emergency fund or to supplement retirement income.
  • Universal life insurance provides a guaranteed death benefit while also offering flexibility with premiums. The policy holder can vary the amount paid each month, as long there is enough money in the account to pay for certain minimum insurance and maintenance charges. Depending on how much money accumulates in the account, the policy may also accumulate tax-deferred cash value.
  • Variable life insurance allows a high degree of flexibility with premiums, including the option to direct a portion of premium payments to a separate account, which can serve an investment vehicle. This can allow for the possibility of greater growth in cash value, but it can also entail a greater risk.

Disability Income Insurance for Businesses


Disability income insurance can help make sure a person is taken care of in the event that they become unable to work due to serious injury or illness. A business owner can use this type of insurance to attract and keep the best talent, or to protect the business against unforeseen circumstances, such as a crucial employee’s injury or illness.

Is disability income insurance right for your company? Here are the facts:

  • Offering disability income insurance to your employees can be a great way to show them how much you value them. There are several types of plans you may want to consider:
    • Plans that cover your employees in the event that they become unable to work. (Long-Term Disability Group Plans)
    • Plans that cover the salaries of key employees, supplementing your existing group plans. (Executive Carve-Out Plans)
    • Plans that cover employee retirement benefits. (RetireGuard)
  • Disability income insurance can also be used to protect your business in the event that you or another key employee becomes unable to work due to serious injury or illness. Plans that fall into this category may include:
    • Plans that cover your income during an injury or illness. (Individual Disability Income Protection Plans)
    • Plans that ensure your businesses overhead is covered if the business owner becomes disabled. (Business Overhead Expense Plans)
    • Plans that cover the purchase of an owner’s share of the company in the event that an injury or illness forces them to retire. (Buy-Sell Plans)
    • Plans that make sure any wages paid to sick or injured employees can be treated as business expenses. (Qualified Sick Pay Plans)


Disability income insurance can be the cornerstone to building and protecting a great business.

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