Retirement
Plans


 

Retirement Planning  ——   Because you have worked hard to achieve your goals

At the American Fraternal Union, we believe the use of life insurance and tax-deferred investment products are an important part of your financial plan for retirement, whether your retirement is just around the corner or 20 or more years away.  Our goal is to help you make decisions that maximize the benefits of retirement for you and your family and make the transition to retirement as enjoyable as possible.

Retirement is a time of life when people face the extraordinary task of dealing with important issues, all needing resolution in a very short time frame.  Just when you are coping with the emotionally charged prospect of no longer earning a paycheck, you find that you must confront an array of pension, cash flow, investment, insurance and tax decisions, some of which are irreversible!  Perhaps more than any other stage in your adult life, retirement decisions have major consequences not only for your own security and quality of life, but for future generations of your family as well.  Invest today in an American Fraternal Union retirement account and have the peace of mind you deserve.

Taxable versus tax-deferred - Put the advantage of tax deferral to work for you!

This chart illustrates the powerful advantage of tax-deferred retirement plans with compounding interest versus taxable contributions with compounding.

The American Fraternal Union offers competitive rates, daily compounding interest, and no upfront loading charges.  Open up your tax-deferred Annuity, IRA, or Roth IRA today and start investing in your secure tomorrow!


 

The Power of Tax Deferral

Year Annual Contribution

Taxable Savings

Tax-Deferred Savings

Beginning Balance Interest 8% Taxes 28% Ending Balance Beginning Balance Interest
8%
Ending Balance
1 3,000 3,000 240 67 3,173 3,000 240 3,240
5 3,000 16,830 1,346 377 17,800 17,600 1,408 19,008
10 3,000 39,100 3,128 876 41,352 43,460 3,477 46,936
15 3,000 68,565 5,485 1,536 72,514 81,456 6,517 87,973
20 3,000 107,551 8,604 2,409 113,746 137,286 10,983 148.269
25 3,000 159,137 12,731 3,565 168,303 219,318 17,545 236,863
30 3,000 227,391 18,191 5,094 240,489 339,850 27,188 367,038


Assumptions for this hypothetical example are (1) $3,000 annual contribution, (2) 8% investment return, and (3) 28% combined federal and state tax bracket.
 

 


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