Retirement can be a wonderful time in life. Now is the time to PLAN for it. AND it can include your children’s college education.
The Guru Amar Das Level Two Plan is a Retirement Alternative. It is a two-fold plan which generates future tax free income and security for you and your family, plus providing present income and security for Sikh Dharma. You save for your future while helping Sikh Dharma create current and long term programs and services. Each member adds to the aggregate benefit which can create an immense source of financial success.
Each member will be funding their retirement plan which grows over time. This will provide you 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 (please see table below) that members may want to set up similar plans for their spouses and children to insure security and prosperity for the entire family.
How does the Guru Amar Das Retirement Alternative work?
The plan is based on a deferred compensation program which uses a high cash value life insurance policy as the financial vehicle. It is similar to plans used for corporate executives, but with further benefits of providing you with tax deductible contributions and income tax free retirement. This plan far exceeds any traditional retirement plans. It has been reviewed and supported by highly experienced and respected accountants and tax attorneys.
Guru Amar Das Retirement Alternative requires 4 to 15 annual contributions (your choice). As the donor, you apply for a life insurance policy and assign a portion of the death benefits and cash values to Sikh Dharma. Your cash contribution to Sikh Dharma is used to prepay its share of life insurance premiums and the balance goes for current cash flow requirements. You pay a small premium for the economic benefits you will gain in the future.
Advantages to You
Income - Your contribution will provide regular payments to you for your retirement at a time when you will need it most.
Convenience - The Guru Amar Das Retirement Alternative is very simple for you to establish.
Save Income Taxes - Plan contributions are income tax deductible as charitable contributions.
Tax-free Payments - Distributions are income tax free under present laws.
No early or late retirement penalties.
Death benefits are received income tax free.
Advantages for Sikh Dharma
Commitment to the Legacy of Sikh Dharma/3HO - Financial security from our commitments will have a great impact on fulfilling our legacy to secure our programs and services within this lifetime and far into the future.
Helping Us Plan Our Future - Through the Guru Amar Das Retirement Alternative, we as pioneers establish a collective vehicle for accumulating wealth for manifesting the work of the Khalsa for future generations.
Call us today!
The Development Office
Phone: (505) 753-5881
Fax: (505) 753-5982