It’s back to school season and you know what that means? Yes, it’s time again for you and your coworkers to be thinking about your own retirement education. Employees should learn about all of the retirement options available in their plan. One of those options may be an annuity.
Annuities allow customers to deposit money (premiums) with an insurance company that can earn interest and grow on a tax-deferred basis (saving money before taxes are applied) with the agreement that the insurance company will then provide a series of payments back to the customer at regular intervals later.
At National Life Group, we provide a number of tools to help your employees learn about retirement saving.
Welcome back to school!
Keep learning and don’t forget to pay yourself first!