Guru Amar Das Retirement Alternative
Development Office
Let Your Gift Give You Something in Return
The Guru Amar Das Level Two Plan is a Retirement Alternative. It is a plan which generates income for Sikh Dharma and provides both substantial retirement and death benefits to you. Donors can save for their future while helping Sikh Dharma create an Endowment Fund which will provide both current and long term income needed to further Sikh Dharma's various programs and services.
How does the Guru Amar Das Retirement Alternative work?
The plan is based on a deferred compensation program which uses life insurance as the financial vehicle. It is similar to plans used for corporate executives with further benefits of providing tax deductible contributions and allowing for income tax free retirement distributions.
The program's success is based upon each member doing his or her part so that the aggregate benefit will be an immense source of financial power for Sikh Dharma.
Level Two Plan
Level Two requires 4 to 15 annual contributions (donor's choice). Maximum donor age is sixty five. Donor applies for a life insurance policy and assigns a portion of the death benefits and cash values to Sikh Dharma. Donor then makes a cash gift to Sikh Dharma, which uses a portion to prepay its share of life insurance premiums and the balance for current cash flow requirements. Donor must pay a small premium for the economic benefits retained (the unassigned portion of the policy).
Members will be funding a retirement plan which will grow over time. This will provide a sizable tax free income when you retire, and an income-tax free death benefit to your family. The benefits from this plan are so dramatic that members may want to set up similar plans for their spouses and children to insure security and prosperity for the entire family.
Advantages to You
Income - Your gift will provide regular payments for your retirement at a time when you will need it most.
Tax-free Payments - Distributions are income tax free under present laws.
Save Income Taxes - Plan contributions are income tax deductible as charitable contributions.
No early or late retirement penalties.
Death benefits are received income tax free.
Advantages to Sikh Dharma
Legacy of Sikh Dharma / 3HO - Our combined gifts will have a great impact on the manifestation of our legacy to secure our work far into the future.
Convenience - The Guru Amar Das Retirement Alternative is very simple for you to establish. The plan is based on a deferred compensation program which uses insurance as the financial vehicle.
Our Commitment - The security of our commitments provides for fulfilling the legacy within this lifetime.
Help Us Plan Our Future - Through the Guru Amar Das Retirement Alternative, we as pioneers establish the vehicle for the manifestation of the work of the Khalsa.
Sikh Dharma: Your Part
Open up the flow, give your Dasvandh.
Develop your skills and resources for the times.
Help others in this transition into the new millennium.
Teach. Teach. Teach.
Serve others, locally and internationally.
Get involved so there will be a Future on this Planet.
Plan for your Future and your children's Future.
Make a Will now.
Plan your Retirement.
Call Us Today!
The Development Office
Phone: (505) 753-5881
Fax: (505) 753-5982