RETIREMENT PLANNING

Whether five years away or 25 years down the road, planning for retirement is something, each of us needs to consider. Making intelligent choices about how much money you save and what retirement savings plan you use can mean the difference between having the income you need in retirement to live the lifestyle you want or struggling financially.

RETIREMENT PLANNING

Whether five years away or 25 years down the road, planning for retirement is something, each of us needs to consider. Making intelligent choices about how much money you save and what retirement savings plan you use can mean the difference between having the income you need in retirement to live the lifestyle you want or struggling financially.

the attention and support you deserve

Our approach to Medicare, Life Insurance and Retirement Planning begins with understanding your needs first. Delivering customized solutions through our large platform of diverse insurance products and services, our agents have the ability to help almost anyone achieve their financial goals.

Our Trusted Partners

TAX-FREE RETIREMENT ANNUITIES

What is an Annuity?

An annuity is a contract between you and an insurance company in which you make a lump sum payment or series of payments and in return obtain regular disbursements beginning either immediately or at some point in the future.

The goal of annuity is to provide a steady stream of income during retirement. Funds accrue on a tax-deferred basis, and like 401(k) contributions can only be withdrawn without penalty after age 59.5.

Many aspects of an annuity can be tailored to the specific needs of the recipient. In addition to choosing between a lump sum payment or a series of payments to the insurer, you can choose when you want to annuitize your contributions – that is, start receiving payments. An annuity that begins paying out immediately is referred to as an immediate annuity, while one that starts at a preset date in the future is called a deferred annuity.

Annuities are income for Life

Saving for retirement is one of the greatest financial challenges facing Americans today. Company pension plans are a thing of the past, Social Security faces a questionable future, and 401(k) and IRA plans have maximum contribution levels that could limit your savings. With an annuity, you can benefit from tax-deferred savings and ensure that you have a guaranteed income in retirement.

Social Security

How can I Optimize my Social Security to get the most out of my Retirement Income?

With over 10,000 Baby Boomers retiring daily we find them asking: When do I take Social Security? Do I collect Social Security while I am working? Am I entitled to any other benefits? What impact will healthcare costs have on my retirement? Do I take it Social Security at 62, wait until full retirement age or possibly wait until 70? These are questions that cannot be answered with a simple “one size fits all”. With over 700 different Social Security Strategies available these are questions you really want to get right. These choices can make or break a person’s retirement.

We offer one on one consultations that will show you how to Optimize your Retirement with Social Security. During your session we will run various options for Social Security Optimization. Things like, do I take Social Security at 62 (and take a 25% lifetime reduction) or wait until age 70 (taking advantage of the bonus given by waiting). How much will taxes affect my retirement income? Am I eligible for my Spouse’s benefit? And so much more!

Learn how to retire with the lifestyle you’ve worked so hard to achieve.

Home Office:

3147 S 17th Street, Suite 300

Wilmington, NC 28412

Local: 910-834-6410

Toll Free: 888-200-1777 | TTY 711

Office Hours: Monday - Friday

9 am to 5 pm, ET

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Innovative & Friends

A non-government entity powered by Innovative Financial Partners, LLC, a health insurance agency. We do not offer every plan available in your area. Currently we represent 6 carrier organizations which offer 2,352 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options.

Home Office:

3147 S 17th Street, Suite 300

Wilmington, NC 28412

Local: 910-834-6410

Toll Free: 888-200-1777 | TTY 711

Office Hours:

Monday - Friday | 9 am to 5 pm, ET

Visit our Facebook Community:

Innovative & Friends

We work with the following companies as an independent broker: [Aetna Inc., Elevance Health, Inc., Cigna Healthcare, Humana Inc., UnitedHealthcare®, and Wellcare Health Plans, Inc.]

Innovative Financial Group represents Medicare Advantage [HMO, PPO, PFFS, and PDP] organizations that have a Medicare contract. A non-government entity powered by Innovative Financial Partners, LLC, a health insurance agency. We do not offer every plan available in your area. Currently we represent 6 carrier organizations which offer 2,352 products in your area. Please contact Medicare.gov, 1-800-MEDICARE, or your local State Health Insurance Program (SHIP) to get information on all of your options. Extra benefits require enrollment in an MA plan and depend on whether you are eligible to enroll in an MA plan in your area. Benefits are available only in select areas.

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