What is an annuity and why would I want one?
An annuity is like a bank savings or CD, with the exception it is offered by an insurance company. In addition, an annuity can be used to provide tax favored income for various periods of time.


It is a contract between you and the insurance carrier that provides a guaranteed future income in exchange for payments you make to your account. It is a long term way of planning your retirement. Golden Financial Group offers both Qualified Annuities (funded with pre-tax dollars) and non-qualified (funded with after tax dollars.)

​​​​​​​Annuities will meet your “safe money” needs!


Golden Financial Group offers safe, fixed annuities with competitive Interest rates through various “A” rated insurance carriers. Call Golden Financial Group today to see if annuities should be a part of your financial plan.

I Look forward to contacting you.

​​​​​​​Investment Options​​​​​​​


401(K) plans are tax-deferred retirement savings plans for employees. The employer sets them up, and each company has a slightly different 401(k). They are part of a family of retirement plans known as “defined contribution” plans—the amount contributed is defined by the employer or the employee.

When you join a 401(K) plan, you tell your employer how much money you want to contribute to your account. This amount is deducted from your salary before taxes are applied, so you pay less income tax. More importantly, the money is deducted even before you have received it, making it the easiest savings plan to contribute to. Your employer may match a portion of your contribution.


The money is invested by the plan administrator (on your behalf) in mutual funds, bonds, money market accounts, etc. You decide the mix of investments. They usually have a list of investment vehicles you can choose from as well as some guidelines for the level of risk you are willing to take. Since the plan is an incentive for retirement savings, there is one condition: if you withdraw the money before you are 59½  years old, you will have to pay tax as well as a 10% penalty fine to the IRS.