Contact: (740) 993-8058
Contact: (740) 993-8058
Retirement Planning Options
Why Retirement Planning Matters
Planning for retirement isn’t just about saving money—it’s about creating peace of mind for your future. Without a plan, you risk outliving your savings, facing unexpected medical costs, or relying on limited income sources.
At Sigman Family Agency, we help you take control of your financial future with personalized strategies that fit your goals and timeline. Whether you're just starting out or nearing retirement, it’s never too early—or too late—to make a plan.
Let’s build a retirement strategy that gives you confidence today and security tomorrow.
IUL: Indexed Universal Life
Why Consider an Indexed Universal Life (IUL) Policy?
When it comes to protecting your family and building a secure financial future, an Indexed Universal Life (IUL) insurance policy offers a powerful combination of benefits. It’s more than just life insurance—it’s a flexible financial tool designed to grow with you through every stage of life.
What is an IUL?
An Indexed Universal Life policy provides lifelong life insurance coverage while allowing you to build tax-advantaged cash value. That value grows over time based on the performance of a market index (like the S&P 500), giving you the potential for higher returns without the risk of market losses.
A Smart Part of a Retirement Strategy
Looking ahead to retirement? An IUL can serve as a tax-free income stream to help supplement your savings. Unlike 401(k)s or IRAs, there are no contribution limits, early withdrawal penalties, or required minimum distributions.
Understanding 401k Rollover
If you're working and planning for retirement, you're not alone—over 55 million Americans have a 401(k) retirement account. These employer-sponsored plans allow you, your employer, or both to make regular, tax-deferred contributions toward your future. You can also choose how those funds are invested, giving you some control over your retirement growth.
When it’s time to change jobs or retire, you may consider a rollover—which simply means moving your funds from one qualified retirement account to another, like from a 401(k) into a Traditional or Roth IRA. This helps keep your retirement savings growing without triggering immediate taxes or penalties (when done correctly).
Important Note: Rollovers are reported to the IRS and may involve tax implications, so it's essential to understand your options.
At Sigman Family Agency, we’re here to help you make the right move and guide you throughout the process. Let's start with a financial review so we can identify the best strategy for you.
