BENCOR

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The BENCOR National Government Employees Retirement Plan™, comprised of 401(a), 403(b)A defined contribution plan that may be established by a nonprofit organization or school for retirement. Employees may allocate a portion of their salaries into this plan, and contributions are excluded from their income for tax purposes (with limitations). Contributions and earnings will compound tax deferred. Withdrawals from a 403(b) plan are taxed as ordinary income, and may be subject to an additional 10 percent federal tax penalty if withdrawn prior to age 59 ½. and 457 plans, is a turn-key Plan that provides employer and employee educational services, administrative services, record-keeping services, trustA legal entity created by an individual in which one person or institution holds the right to manage property or assets for the benefit of someone else. Types of trusts include: Testamentary Trust A trust established by a will that takes effect upon death; Living Trust A trust created by a person during his or her lifetime; Revocable Trust A trust in which the creator reserves the right to modify or terminate the trust; Irrevocable Trust A trust that may not be modified or terminated by the trustor after its creation services and investment vehicles, along with federal and state law compliance.

BENCOR, in conjunction with Diversified Investment Advisors/Transamerica Financial Life InsuranceIn exchange for periodic payments (premiums), life insurance provides financial compensation to a designated person or persons (beneficiaries) if the insured person dies. Typical uses of life insurance are to help cover final expenses and medical bills, pay off a mortgage and other debts, provide income for survivors and fund children's educations. Company (DIA/TFLIC) and Wells Fargo Bank, offers the BENCOR National Government Employees Retirement Plan™.

The BENCOR National Government Employees Retirement Plan™ is comprised of a Special Pay component 401(a), 403(b)A defined contribution plan that may be established by a nonprofit organization or school for retirement. Employees may allocate a portion of their salaries into this plan, and contributions are excluded from their income for tax purposes (with limitations). Contributions and earnings will compound tax deferred. Withdrawals from a 403(b) plan are taxed as ordinary income, and may be subject to an additional 10 percent federal tax penalty if withdrawn prior to age 59 ½. and 457 Plans, and a FICA Alternative component. Any or all of the individual Plans that make up the BENCOR National Government Employees Retirement Plan™ may be utilized by an adopting employer. The BENCOR Plan benefits both the employer and its employees by taking advantage of powerful tax legislation enacted especially for employees of tax-exempt organizations.

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