Retirement Plan FAQ
Planning for retirement means securing more than savings — it means creating stability. Madrinas Insurance helps you choose retirement plans, annuities, and insurance products that provide guaranteed income and financial security for the years ahead.
Frequently Asked Questions (FAQ)
What is retirement insurance?
It combines life insurance with savings or annuity benefits for retirement income.
Why do I need a retirement plan?
It ensures financial security after you stop working, protecting you from outliving savings.
What types of plans are available?
Options include annuities, permanent life policies with cash value, and hybrid plans.
How much should I contribute?
It depends on your income and goals. Madrinas helps calculate what’s right for you.
Are retirement plans tax-advantaged?
Many options offer tax benefits, like deferred growth or tax-free withdrawals.
Can I still enroll if I’m close to retirement?
Yes, plans are available for people at all stages of life.
