Tax Sheltered Annuities - TSA's

A less taxing way to plan for retirement. With a tax-sheltered annuity (TSA), you save money for retirement while cutting current income taxes. The IRS simply does not count TSA contributions as taxable income, so you pay taxes on less of your current income. Furthermore, you will not pay any income taxes on your TSA - or interest it earns - until you make withdrawals. Since withdrawals will likely be during retirement, you should be in a lower tax bracket having "sheltered" your investment from taxes. That's more for golf, travel, dining out…

TSA Benefits

• Painless investing - no check writing, ATM transfers or automatic withdrawals from your checking account; money is moved seamlessly into your annuity account by your school district.
• Reduces current year taxes - If you invest $100, you should only feel about $65 less in your salary (depending on your income tax rate).
• Shelters tax on investment gains - Interest earned is not taxable until it is withdrawn.
• Reduced Future Taxes - By making withdrawals during retirement, you should be in a lower tax bracket.

How Much Can You Afford to Lose?

The Retirement Plus Product

• Guaranteed minimum 7.0% interest rate for first ten years. 4% bonus for ten years plus 3.0% minimum fixed rate. Bonus vests years 11-15.
• No fees or front end loads. 100% of your payment receives full interest crediting.
• Loan provisions. Source of emergency cash.
• Minimum contribution of $50 per paycheck.

ING Northern Life

• ING's U.S. based life insurance companies are part of ING Groep N.V., the second largest life insurance organization in the world based on revenues with $467 billion in assets under management.
• ING and it's subsidiary ReliaStar are ranked A+ by A.M. Best, AA by Fitch, Aa2 by Moody's and AA+ by Standard & Poor's.
• ING awards $240,000 directly to 100 educators annually who take teaching to new heights.

Call Hans Kardel today at 805.922.5283 or E-Mail for more information.