SERVICES
If you’re 55 or older, transitioning to retirement, or just about ready to take the next steps, the comprehensive and holistic financial planning services offered by Charter Financial Group can help to
- Manage health care costs in retirement through Medicare Advantage or Medigap coverage
- Plan ahead for the possibility of extended nursing care with strategies to cover those expenses
- Protect you from market losses while growing your savings at the same time
- Secure your legacy with a tax-efficient estate plan
Medicare Options
What Type of Medicare Plan Are You Looking For?
We are dedicated to helping our clients improve their long-term financial success. Our customized programs are designed to grow, help protect and preserve our clients’ wealth by providing an unprecedented level of experience and personalized service.
MEDICARE SUPPLEMENT
These plans, also known as Medigap, pay some out-of-pocket expenses for doctor or hospital visits that Medicare doesn’t completely cover, including co-payments, coinsurance and deductibles. While these policies cover the same basic benefits, some offer additional coverage and deductible limits.
MEDICARE ADVANTAGE
Also known as “Part C” or “MA Plans,” they are offered by private companies approved by Medicare, which pays approved benefits. There are several types of plans. Most include Medicare prescription drug coverage; some offer vision and dental. Your plan’s benefits may change each year so be sure to contact us with any questions.
PRESCRIPTION DRUG PLANS
If you’re signed up for Medicare Part A and B or have a Medicare Advantage plan (without drug coverage), you can offset drug costs with privately administered coverage offered by insurers. We can find what coverage works best for you based on whether you get your medications from your local retailer or a preferred mail-delivery network.
We’re known in the community as the Medicare specialists because we offer you choices from the best plans available based on your unique situation. We gather all your important information about your current medications, which doctors you go to, and any health conditions you currently have and use this information to research the plans available in your state to find the best option at the lowest cost.
We also meet with you once a year during the Medicare open enrollment period to ensure that you will be in the best plan for the upcoming year. Medicare health and drug plans often make changes to their policies each year, including changes to costs, coverage, and what pharmacies and doctors are in their network, so this is an important service we provide as part of our commitment to you.
If you want more information, check out our Online Resources with videos on Medicare basics and how to help a loved one chose a Medicare plan.
Long-Term Care
Get coverage for expenses and services not covered by health insurance, Medicare, or Medicaid.
Planning for the possibility of needing long-term care and financial strategies to cover that care should it become necessary is a key step within an overall retirement plan that many people skip. Without a long-term care plan in place you may risk having to use your hard-earned nest egg to pay for care, and you may not have the option to choose the type of care you receive. Family members might also have to step in but many people don’t want to become a burden to their family.
Asset Protection
Protect your retirement future with guaranteed income you won’t outlive by adding a fixed annuity to your investment mix.
When you work with us, we pay special attention to ensure your assets are diversified so that you aren’t too heavily invested in stocks, bonds or variable products which pose a threat of devastating your retirement assets during a market downturn. What’s more, if your portfolio is no longer earning income, you might not be able to “buy low” and take advantage of any subsequent market recovery.
Estate Planning
Planning for what may happen after you have passed on isn’t always a pleasant conversation to have with a spouse and family members, but failing to plan for this event is just planning to fail. Charter Financial can support you with a detailed fact-finding analysis to finding out what is most important to you when it comes to taking care of your loved ones when you are gone.
We offer solutions based on decades of experience and work closely with licensed estate planning attorneys, who have been vetted by our team to be ethical and knowledgeable. Together we put a plan in place that ensures your goals and objectives are carried out exactly the way you would want them to be.
Life Insurance
Cost-effective, tax-efficient life insurance can protect you, your family, your assets and your business.
If you’re wondering about an effective way to protect your loved ones, supplement your retirement income and cover unexpected expenses, then let’s explore your options. Life insurance offers many benefits in addition to its primary function of protecting your loved ones with a tax-free death benefit.
The living benefits include the ability to grow your policy’s cash value tax deferred. Through policy loans or withdrawals, you can help pay for a child’s or grandchild’s college education. We can establish an amount to pay for higher education when we create your life insurance program. Tax-efficient withdrawals or loans can also offset unexpected expenses like making home repairs, among other things.
Dusiness owners
With Strategic Business Planning Services, we offer comprehensive consulting for small businesses. Our expert team helps you evaluate your business and plan for your future. We cover areas such as retirement planning, business assessment, risk management, succession planning and strategic growth. We work with you to develop clear strategies and plans to achieve your long-term goals. Contact us for a consultation and start building a solid future for your company.
Financial solutions
We are committed to propelling you toward financial independence through our Six Steps to Financial Success. From increasing your cash flow to preserving your wealth, we offer you the tools necessary to achieve your financial goals intelligently and effectively. Don’t let taxes become your number one enemy; With our appropriate measures, we will protect your legacy and ensure the well-being of your loved ones.
Retirement pensions
With Advanced Financial Services you can get a comprehensive review of your plan and benefit from a variety of benefits, from attracting and retaining quality employees to optimizing your benefits package and obtaining tax advantages. Our services include a wide range of innovative retirement plans and unmatched convenience in plan design, documentation, administration and financing.
Premium financial solutions
Unlock the potential of Advanced Finanacial Services and revolutionize your financial strategy today. Premium financing offers a unique opportunity to cover insurance premiums while accessing the tax benefits and strategic advantages it provides. With this innovative approach, you can leverage dollars in a tax-free environment and establish a significant life insurance amount for business planning, tax optimization, or wealth transfer to future generations.
Investment insurance
Discover the simplicity of money management with mutual funds. If you’re looking to streamline your investment portfolio without the hassle of managing it yourself, mutual funds offer an ideal solution. Professional portfolio managers handle the intricate task of investing pooled assets from all investors into a diverse array of stocks, bonds, and other financial instruments. Whether you’re aiming for short-term gains or long-term financial security.
Retirement content
Secure your retirement with income annuities, ensuring your savings last and providing peace of mind for the future. As you approach retirement or are already enjoying your golden years, income annuities offer a reliable solution to protect your savings while maintaining your desired lifestyle. By converting your retirement nest egg into a steady stream of guaranteed payments, income annuities act as a dependable source of income, akin to a pension.
Other Insurance Products and Services
Charter Financial seeks to assist our clients with all of their retirement and risk management needs through a wide range of insurance products. Learn more about the different insurance policies and coverages at our Resources page.
DENTAL INSURANCE
Offset a portion of the costs associated with dental care for your family or business with affordable coverage.
DISABILITY INSURANCE
Did you know more than 1 in 4 people today will become disabled at some point before retirement? Protect your income and earnings, and financial future.
FINAL EXPENSE INSURANCE
Pre-plan for the costs associated with funeral arrangements and protect your family from the burden of an expensive funeral.
VISION INSURANCE
Find out about annual coverage for eye examinations and partial or full coverage glasses, sunglasses, and contact lenses, with or without copays, depending on your options
