TAX SHELTER ANNUITIES AND TAX -DEFERRED ANNUITIES

TSA PRO: THE TSA PROFESSIONAL

Employees of Public Education and their supporting staff can participate in Tax Shelter Annuity Program known as .TSA's . 403(b)is the official government name. Tax-Sheltered Annuity publication #571 is available through the Internal Revenue Service. These programs are for Employees of Public Schools and certain Tax-Exempt Organizations. These programs are known as Qualified Plans. Non-Qualified plans Are available on an after tax deposit basis. Both grow on a tax-deferred compounding basis with no taxes levied until funds are withdrawn.

EMPLOYEES CLOSE TO RETIREMENT:
ARE YOU CLOSE TO RETIREMENT?
YOU HAVE OPTIONS.

You may still benefit from a Tax-Shelter Annuity Review. We have found that many of our clients who were with other companies had either lost their agents or had not done a comprehensive review for many years.. In many cases the interest rates were not being tracked. Funds may be transferred from existing programs to ones paying a higher rate of return.

Why not let your money work harder for you. When you retire it will make a world of difference. Markets and products have changed dramatically over the years. In some cases an employee may CATCH UP for the years they did not save the maximum available. The effect is to lower your taxes now and start your payments after retirement when your tax bracket may be lower.

Public School Employees may participate in supplemental retirement annuities and, in many cases, shelter $10,500 per year. Maximum allowances differ from one employee to another depending on factors including years of service, income levels, and each individuals needs. You may make changes to your TSA program or begin a new program by submitting all of the necessary paperwork to the payroll department. This is generally done at least 31 days before the allotted salary slot. Your TSA PRO takes care of all the paperwork, calculations and submits them to your payroll department.

TAX SHELTER ANNUITIES are an excellent vehicle to save for retirement. It costs you less to save now because a substantial part of your tax shelter annuity contribution comes from money you would have paid out in taxes. Tax deferral means the postponement of paying the taxes due on an invested sum of money. Your funds earn interest and grow on a tax deferred basis until the funds are withdrawn. This method allows you to systematically save for retirement through payroll deduction and take advantage of tax deferral and the power of compounding. The earlier you start the better!

TAX DEFERRED ANNUITIES

Tax Deferred Annuities are otherwise known as TDA's and are non-qualified deposits to a fund for future payments. This program is designed to allow participation in a savings vehicle and allows for tax-deferred growth. TDA’s do very well compared to CD's and regular savings accounts. The funds grow on a tax-deferred basis avoiding current taxation and accumulate on a compounding basis. The results are better overall and your retirement benefits are increased. The comparison analysis will show you the value of this excellent opportunity.

When you earn money in a regular savings program or a CD the growth is taxable on a regular basis. The strength and attraction of tax deferral is in the compounding effect. Current savings grow tax-deferred and are not taxed until taken out in the future. There are Index funds that are connected to the S&P500 called Index Annuities and these products allow you to participate in the Market without a downside risk. You only get the gains and never any losses. You can read more about these as you page through this website.

You can E-Mail TSA PRO to get more specific information and to set up an appointment for a private confidential review. You will be happy you did.

E-MAIL : TSA PRO / LEON FAINSTADT