Postal Benefits Consultants

06/03/2023

Another boycott in the future!

“BREAKING: Ben & Jerry’s Just Indefinitely Stoped All Advertising on Twitter To Protest Elon Musk Allowing Free Speech!”

04/08/2017

Mopro brings big-brand quality web design and tools affordably to small businesses.

03/12/2016

Unknown to most Postal employees enrolled in the Thrift Savings Plan, and are 59 1/2 or older, are eligible to roll out of the Thrift Savings Plan into their own IRA. The employee may continue to contribute to the plan and receive matching contributions from the Postal Service.

For example, if the employee plans to retire in 3 years, they would be 3 years ahead with an income stream greater had they not retired.

Call us now to find out more about this exciting opportunity!

05/01/2015

NOWHERE in this article do they they mention Fixed Indexed Annuities as the hands-down superior alternative to investing directly in the market. Hell, we can even get you a plain vanilla fixed annuity with a GUARANTEED rate of 3% for FIVE years, all tax-deferred. That's almost 100 basis points higher than a 10 year Treasury. Wake up all, you CAN get great returns WITHOUT the risk.

The Federal Reserve’s low-interest-rate policy has cut into returns from bonds and other traditionally safer investments favored by retirees.

11/18/2014

Deferred Income Annuities

Under recent IRS regulations, DIA's can be purchased with IRA funds and defer distributions well beyond 70 1/2. If the DIA is also a Qualified Life Insurance Contract (QLAC), the required minimum distribution (RMD) requirement on those IRA funds will be postponed until the QLAC income stream is turned on. Smaller RMDs may mean lower taxable income.

"DIAs offer longevity protection through a guaranteed income beginning at a future date. When adding DIAs into the mix, the retirement income frontier expands. In my analysis, DIAs have pushed aside SPIAs as the product of choice for providing longevity protection." Andrew Whelan

The DIA lets a client purchase a higher income than otherwise, because they earn longevity credits with their interest credits.
IRA owners have the option today to buy higher amounts of guaranteed lifetime income (joint payouts and COLA payouts available too) and reduce their RMD distributions in the meantime. The result is your clients will be able to postpone taking part of their RMDs until an advanced age ... 80 or 85.