Financial Services

Annuities

When thinking about your retirement, think not only of 401ks and Social Security – Think Annuities! Richards Benefits & Financial Services is pleased to offer several strong annuity products to our customers. These contracts can help protect your funds from income and capital gains taxes in the short term while providing for guaranteed income for life. Stay better prepared financially and maximize your benefit once you enter the income phase of your Annuity.

Guarantees are backed by the claims paying ability of the issuer.

Succession Planning

Is your business positioned to survive?| Planning for the future is the key to lasting success of your business. Whether you are planning on retirement in the near future or planning for unforeseen events, having the right roadmap in place is critical to ensuring the survival of your business. Don’t wait for the unexpected – safeguard the security of your business today.  At Richards Benefits & Financial Services we provide flexible solutions to help you minimize risk, as you adapt to the constant changes that occur within your business.

We offer a customized approach to succession planning and offer a variety of valuable services:

• Buy/Sell Arrangements

• Key Person Insurance

• Business Needs Analysis

Long Term Care

If you become unable to perform the tasks of daily living such as feeding, dressing, bathing yourself how will you cover your expenses while you recover? Who will take care of you day to day? Long Term Care insurance is designed to help cover the expenses not traditionally covered by medical insurance, Medicare or Medicaid. According to the U.S. Department of Health & Human Services about 60% of individuals over age 65 will require at least some type of long term care services during their lifetime. Over 40% will need care in a nursing home for some period of time.  It is approximated that about 40% of those receiving long term care today are between 18 and 64. That being said, age is not always the determining factor in whether or not someone will need Long Term Care benefits. Our agents can assist you in picking a plan that suits your needs and will help cover out-of-pocket expenses. 

Other Financial Services

• Funeral Trust

• Charitable Giving

• Estate Planning

Contact us to find out how we can help.