Retirement Planning

Retirement Planning for the Business Owner Presented by: [DBA] [Agent] is a Registered Representative of Equity Services Inc., [branch office address and telephone number]. Securities are offered solely by Equity Services, Inc., Registered Broker/Dealer Affiliate of National life Insurance Company, Montpelier, Vermont [DBA name] is independent of Equity Services, Inc. National Life Group is a trade name of National Life Insurance Company and its affiliates. This information is not intended as tax or legal advice. Please consult with your Attorney or Accountant prior to acting upon any of the information contained in this presentation. TC32934(0107) Please note that agents who use this presentation must submit the cover slide with their securities disclosure for review and approval prior to use. Agents should also be aware that changes made to the presentation may require refiling with the NASD., which can be a 4-6 week process

Business Succession Planning ,[object Object],[object Object],[object Object],[object Object]

Business Succession Planning ,[object Object]

Business Succession Planning ,[object Object],[object Object],Successful Transitions Need:

Business Succession Planning ,[object Object],[object Object],[object Object],Successful Transitions Need:

Business Succession Planning Successful Transitions Need: ,[object Object],[object Object],[object Object],[object Object]

Business Succession Planning ,[object Object],[object Object],[object Object]

Retirement Planning ,[object Object]

Retirement Planning ,[object Object],Source: NFIB 2005

Retirement Planning ,[object Object],[object Object],[object Object],Result: no retirement

Retirement Planning Solutions ,[object Object],[object Object],[object Object],[object Object]

Qualified Plans ,[object Object],[object Object]

Qualified Plans Qualified plans allow the business owner to: ,[object Object],[object Object]

Qualified Plans Qualified plans allow the business owner to: ,[object Object],[object Object],[object Object]

Qualified Plans ,[object Object],[object Object],Two basic types of qualified retirement plans:

Qualified Plans ,[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],Defined Contribution Plans

[object Object],Defined Contribution Plans

[object Object],Total contribution deposited into employee’s account Investment earnings realized on contributions Defined Contribution Plans

[object Object],[object Object],[object Object],Defined Contribution Plans

Defined Contribution Plans ,[object Object],[object Object],[object Object]

Defined Contribution Plans Profit Sharing ,[object Object],[object Object],[object Object]

[object Object],[object Object],Defined Contribution Plans Profit Sharing

[object Object],[object Object],[object Object],[object Object],[object Object],Defined Contribution Plans Profit Sharing

[object Object],Total company contribution – $50,000 Total company compensation – $750,000 Employee A $75,000 or 10% of total compensation Employee B $50,000 or 6% of total compensation $5,000 or 10% of total company contribution $3,000 or 6% of total contribution Compensation Profit Sharing Account Defined Contribution Plans Profit Sharing

Defined Contribution Plans ,[object Object],[object Object],[object Object],[object Object],Types of Profit Sharing Plans:

Defined Contribution Plans 401(k) ,[object Object],[object Object]

Defined Contribution Plans 401(k) ,[object Object],[object Object],[object Object],[object Object]

[object Object],[object Object],[object Object],[object Object],Defined Contribution Plans 401(k)

Defined Contribution Plans ,[object Object]

Distribution Planning ,[object Object],Recalculate annual/monthly/quarterly distribution from plan every year or Use plan distribution to purchase annuity Surrender charges may apply in the early years of an annuity contract and certain withdrawals prior to age 59 1/2 may be assessed a 10% penalty tax. Guarantees are dependent upon the claims-paying ability of the issuing company.

Distribution Planning Immediate Annuity ,[object Object],[object Object]

Distribution Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Sentinel Advantage Variable Annuity, form series 7400/7401/7400ID(0199)/7401ID(0199), is issued by National Life and distributed by Equity Services, Inc., Registered Broker/Dealer affiliate of National Life Insurance Company, One National Life Drive, Montpelier, Vermont 05604. Sentinel Advantage is sold by prospectus. For more complete information, including charges and expenses, please request a prospectus from your registered representative or call (802) 229-3900. Please read is and consider carefully the Fund’s objectives, risks, charges, and expenses before you invest or send money. The prospectus contains this and other information about the investment company.

Distribution Planning Deferred Annuities ,[object Object],[object Object],[object Object],Surrender charges may apply in the early years of an annuity contract and withdrawals prior to age 59 1/2 may be assessed a 10% federal tax penalty.

Distribution Planning Annuity Income Option ,[object Object],[object Object],[object Object]

Defined Benefit Plans ,[object Object],[object Object],[object Object]

Defined Benefit Plans Calculation: ,[object Object],[object Object]

Defined Benefit Plans ,[object Object],[object Object],[object Object],[object Object],[object Object]

Defined Benefit Plans 412(i) ,[object Object],[object Object],[object Object],[object Object],[object Object],Features:

[object Object],[object Object],[object Object],Defined Benefit Plans 412(i) Features:

[object Object],Defined Benefit Plans 412(i) ,[object Object],[object Object],[object Object],[object Object]

Hybrid Plans ,[object Object],[object Object],[object Object],[object Object]

Combining Plans ,[object Object],[object Object],[object Object],[object Object]

Retirement Planning Summary ,[object Object]

Retirement Planning ,[object Object],[object Object]

Retirement Planning

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