Five Reasons to Engage Our Employee Benefits Approach

  1. Our Package is available to individuals or groups including part-time, unemployed and non-qualifiers.
  2. No Federal Mandates:  What you give to one, you don’t have to give to all
  3. Cut your employee-benefits expenses in half while quadrupling the benefits
  4. Robust family health coverage for as low as $40/month with no underwriting
  5. No set-up fees, annual fees, or TPA fees.  Start any time: No open enrollment period.

 

 

The Supreme Court has ruled unanimously that “individual employees” (rather than the previous statutory “group”) can sue their employer for 401k losses.  As this new legal field grows, it will prove devastating to Corporate America as well as to individual retirement accounts, as employers will start dropping this benefit because of its entangling liability.

The S.A.F.T.N.E.T. in tandem with the Deferred Income Account wholly and entirely removes the employer from this new liability, will reduce the employer’s accounting procedures by one half, and will quadruple the benefits to the employee.

After participating in our seminars, you will come to see how the S.A.F.T.N.E.T. is crucial to enable the Deferred Income Account (DIA) and the Hybrid-Health Insurance Program (HHIP) to be funded and to function properly.

Upon grasping our concept and seeing the quadrupling of benefits at no cost to the employer or the employee (other than the contributions into the account or the healthcare premiums)—you will come to realize that our employee package is by far the least expensive and most robust package on the market.

For the employee, these benefits include:

  • An investment/retirement account not subject to market loss, but carries guaranteed gains. Both the basis and the gains are tax-free (when configured properly), and the fund carries no Pre-59½ or Post-70½ withdrawal penalties. This account is fully portable and moves with the employee.
  • No-cost estate/financial planning and CPA access for financial advice and answers.
  • No cost mortgage qualification assistance and accelerated mortgage/debt pay off.
  • Low cost health coverage.
  • Free, unlimited financial education.
  • Working spouses (and common law partners) can participate fully and equally in the employee’s benefits packages—including co-contributions.

For the employer, these benefits include:

  • No federal mandates: The employer can now determine to whom it will provide benefits, and how much (if anything) to contribute to each employee.  What you give to one, you do not have to give to all.  This concept is welcome news for those companies who have put their benefits programs on hold in this recession:  They can now restart benefits under this program, and not have to worry about bankrolling the package for all employees.  They can first offer it to the department heads, and then key employees, and can even set up a “merit” program for those wishing to earn the privilege of paid benefits.
  • Employer accounting is now much easier. Employer contributions are paid directly to the employee in the paycheck post-tax.  These contributions create the same tax write-off for the employer as the pre-tax matching contributions.  Tax-wise, the account (managed by the employees themselves—with our CPA assistance) can be considered a hybrid of a key-man policy and a ROTH IRA.
  • Because this is a tax-free account not subject to market loss, the employer (and/or the employee) can contribute ½ of the typical contribution rates, and yet the account will still outperform all qualified, pre-tax accounts on the market.
  • If the employer is providing healthcare coverage, we can cut the premiums in half (or more) while increasing the benefits.  If the employer can’t afford health coverage for the employee, we can create the most affordable coverage for the employee at no cost to the employer—as if the employer is providing the benefit.
  • This program removes the employer from any liability when TPAs mismanage retirement funds—a growing concern in the employee-benefits realm.

 

More Information

For further detail on our Employee Benefits Package, visit the Products page, sign up for a free webinar in the opt-in form to the right, or call us at 1-800-614-1550.