RETIREMENT INCOME YOU CAN COUNT ON! 954-430-1960

 Welcome to our website! The following domain names are affiliated with us:

rossgrossman.net, rossgrossman.com, advisorrep.net and getinthenet.net.

So what is the American Dream in 2012?

  National Averages for CD Rates, Bank Rates, Fund Rates and Key Rates National Averages for CD Rates, Bank Rates, Fund Rates and Key Rates Nnn

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List of Retirement Services offered are:

• Fixed and Indexed Annuities
• Budget Consultation
• Disability Income
• Health Insurance
• Life Insurance
• Long-Term Care Insurance
• Retirement Income Planning
•  Wills, Living Will, Healthcare Surrogate, Power of Attorney

Retirement Dilemma

Have you ever wondered if you are ready to plan your retirement or better yet, have you saved enough to fund your retirement? With the rates from the national average of CD and money market rates, YOU ARE losing valuable income. In fact, inflation is taking a huge chunk out of your income!

Pension Plans are almost like the dinosaurs...extinct. Unfortunately for many of us, we must rely on our 401K or 403b plan. Some of you may have a defined benefit plan or some other type of IRA account. The see-saw economy over the last 10 or so years has many of us scratching our heads. 

Ross H. Grossman was a former investment advisor for 10 years,He often found it funny how many analysts would flip flop their opinions based on how the sun was shining that day!

Even if you have a mixed portfolio or some type of asset allocation, you have seen many extreme swings in the market. By all means, this website is not suggesting for one moment that you need to abandon your retirement plan or discontinue investing in the market. Everyone's risk tolerance is different. The market always seems to rebound, but sometimes at the wrong time that we need it to!

So the main question is this... How can I insure myself against these market swings and set up a retirement plan that will take the guesswork out of my retirement? Give up? *Annuities!

Reason for Income

We are living longer than ever as a society. Many retirees are worried about outlasting their savings!

Now there are many kind of annuities and what we wish to do here at Premier Financial Services is try to take the guesswork out of your decisions. These decisions will only be based on your wants and desires, not ours! Unfortunately we do not offer Variable Annuities.

Quick question for you! If you want to double your money over the next 10 years,what compounded interest rate percentage do you need to earn?

Answer: 7.2%    This is the rule of 72   .

72 divided by 10 equals 7.2

Many of our annuities, for income purposes only**, can offer this type of return for you. Let us show you how we can help expand your retirement account for you and your family. Many people think of annuities as a bad word or a misinformed word. These are not your parents old annuities where the beneficiary received nothing and the insurance company kept your parents money. Things have changed drastically over the last 10 years and you deserve to know what is available to you!

Personal Pension Plan

If we were to tell you that we work with several insurance companies that no matter what happened in the market, we can double your initial investment for income purposes only, would you have taken it? Many of you would!

The question then is who is offering this type of product? That is where we come in. We will determine, based on your own risk tolerance and specific needs, which product and company is best for you. This is how you create your very own Personal Pension Plan.

So to be very clear, if you have $100,000 to invest in an annuity, the insurance company will double your initial  investment after roughly 10 years to $200,000 and depending on your age, you will take an income stream for the rest of your life and if your choose, your spouse's life too!

You will never have to annuitize your contract! Please don't ever annuitize a contract without understanding why you are doing so.

This website has many articles and tools for you to browse through. Please fill our annuity quote contact form and let us know exactly what you are interested in. We promise you that we will be the only one calling you!

This video is from FOX news and it shows a couple who invested in an Equity Indexed Annuity.

National CD, Money Market and Savings rates across America:

6 Month CD Rate    0.70%

1 Year CD Rates    1.10%

3 Year CD Rates    1.40%

5 Year CD Rates    1.81%

Money Market Act. Rates 0.55%

Savings Account Rates   0.80% 

Equity Indexed Annuities

There are several names for these types of annuities. You may have heard fixed equity indexed annuities or fixed equity annuities. The proper term is Equity Indexed Annuities. They are very unique because you will only make money when the market is up and never lose a dollar when the market is down. Let's give you an example.

In 2008, when the market slid almost 40% many people were worried about their nest egg. If you had $100,000 in the market, it very well could have been $60,000 based on your allocation.

If you had an Equity Indexed Annuity, your money would be tied to an "Index" or several index choices like the S&P 500 or the NASDAQ. If by the end of your contract year, assuming your contract year ended toward the end of 2008 and you had $100,000 in this annuity, you would have lost ZERO dollars! It's hard to believe, but its true. We want you to fully understand the pros and the challenges of your investment.

We work with mostly A-Rated type companies to get you the safety you are looking for. Annuities are not FDIC insured, but all states, including Florida have a state guaranty for protection. Ask us for details.

Tax Services

This is our 15th year preparing tax returns for our clients. Our staff has over 60 years of experience! We handle all types of tax returns and services. We will never file an extension for you unless you ask for one!

We will usually complete your return the very same day you make your appointment. Our tax practice has grown strictly by word of mouth!

 

Ross H. Grossman 
President and Retirement Advisor

*An annuity is a contract between you and an insurance company that is designed to meet retirement and other long-range goals, under which you make a lump-sum payment or series of payments. In return, the insurer agrees to make periodic payments to you beginning immediately or at some future date.

Annuities typically offer tax-deferred growth of earnings and may include a death benefit that will pay your beneficiary a specified minimum amount, such as your total purchase payments. While tax is deferred on earnings growth, when withdrawals are taken from the annuity, gains are taxed at ordinary income rates, and not capital gains rates. If you withdraw your money early from an annuity, you may pay substantial surrender charges to the insurance company, as well as tax penalties. Guarantees are based on the claims paying ability of the insurance company. 

In an indexed annuity, the insurance company credits you with a return that is based on changes in an index, such as the S&P 500 Composite Stock Price Index. Indexed annuity contracts also provide that the contract value will be no less than a specified minimum, regardless of index performance.  We do not offer Variable annuities.wwww

As each individual’s tax situation is different, take time to consider all the facts and consult with your tax advisor before initiating an annuity. Distributions received before age 59 1/2 are subject to an early distribution penalty of 10% additional tax unless an exception applies. This information is not intended to be a substitute for specific individualized tax, legal or estate planning advice.

** Income riders are attached to the initial investment with the insurance company for a fee. The fee is withdrawn from your actual account value, but could be assessed from your income value. It is very important to understand all features and benefits before you purchase any annuity. All actual account values are guaranteed by the insurers to never lose principal and share in the gains of the market and never incur losses in a down market as well. These products offer very specific needs and to be very clear, you are not vested in the stock market. These annuities are considered fixed products with a hedge against inflation and market volatility.