Financial Services Chicago
In this volatile economy, most of us can use all the help we can get with our finances. Murray Insurance & Financial Services understands how difficult investing can be in a time of economic uncertainty. That's why our financial specialists will take all the time you need to determine the best products for your short-term and long-term investment strategies. Investing for your future is a sound idea in any economy. If you live in the Chicago, Rockford, or Milwaukee area, call our financial specialists today.
Our agents are highly qualified, reputable professionals who are committed to providing you with exemplary personalized financial services. We can help you define your financial goals, monitor the performance of your products and recommend adjustments, as needed. If you want to maximize your financial future, let us show you how to use insurance and financial products to take advantage of estate tax funding, retirement savings, income tax-deferred contributions and guaranteed benefits for your beneficiaries. Whether you are an Illinois or Wisconsin resident, Murray Insurance & Financial Services is your one-stop shopping center for all the right products for your needs.
Annuities
If your financial strategy requires accumulating tax-deferred income for future distributions, annuity contracts offer several advantages. Murray Insurance can show you how to use Annuities to provide a guaranteed income stream after retirement when your tax burden is much lower. Our specialists will work with you to understand your immediate and long-term needs for income protection and management of financial risks. If you need growth with safety of principal, we can use a combination of products to distribute your premiums.
Traditional IRA & Roth IRA
If you own a Traditional IRA or 401k Rollover, right now may be the best time to convert to a Roth IRA as part of your immediate and long-term strategy. Our specialists can review your income needs, annual earnings and current tax bracket to determine which type of IRA meets your goals. With the change in economic conditions, your earned income may have dropped in recent months. We can recommend the right insurance products to take advantage of your lower earnings while making more of your savings available to you for earlier withdrawal. Whether you need tax-deductible contributions or cash distributions that are 100% tax free, Murray Insurance & Financial Services has the best Roth IRA or Traditional IRA for your needs.
Simplified Employee Pension Plan or SEP
If you are a self-employed individual or own a business with less than 25 employees, a Simplified Employee Pension Planis a tax-deferred retirement instrument designed for smaller business operations like farms or family businesses. SEPs offer a broad range of opportunities. Murray Insurance & Financial Services can show you how to take full advantage of an IRA's pre-tax contributions by establishing a SEP Plan for your business. As the owner, you will decide the percentage of your income and your employee's compensation that is contributed each month to the Simplified Employee Pension Plan. If you live anywhere in the Chicago, Rockford or Milwaukee area, give us a call to determine your eligibility for an SEP-IRA account.
401k Rollovers
Now may be the best time in recent years to consider a 401k Rolloverto a self-directed Traditional IRA or Roth IRA account. If you left your 401k invested with a previous employer, our financial specialist can review your situation and recommend the best course of action. Murray Insurance understands managing your ongoing risks and can show you how to execute your financial objectives in a volatile economic climate. Interest rates, risks and rewards are constantly changing in today's economy. Let us help with financial goals for your 401k Rollover.
Certificates of Deposit or CDs
Certificates of Deposit are probably the most risk-free financial instrument, but understanding how your CD earnings are calculated is imperative to your overall cash planning. In Chicago, Rockford or Milwaukee, our agents can help you identify the Certificates of Deposit with the highest yield. We will also keep you updated as to industry trends for CD benefits. Murray Insurance & Financial Services will work to find you the best value for your money on CDs offered in Illinois or Wisconsin to provide the financial protection you need. During these trying times, let us help you become a "Master Saver."
Money Market Accounts
Our Money Market Accountsare flexible fixed-income investments in very secure financial products like U.S. Treasuries. Murray Insurance & Financial Services can help you find the right short-term investments with the highest yield for residents in Illinois and Wisconsin. If you need liquidity, a money market account allows you to withdraw funds at anytime without penalty. Our financial professionals can discuss the minimum balance requirements, interest rate compounding and bank charges for a variety of Money Market Accounts with the most competitive returns.
Retirement Savings
During your earning years, saving for retirementis extremely important. In a down economy, most people save less for retirement than they should. Murray Insurance wants you to live comfortably during your senior years. Our qualified agents can find ways for you to supplement your future income using a variety of insurance products. Whether you live in a lakeside condo in Chicago or on a farm in Wisconsin, you never want to enter retirement in debt and with no plans for your financial future. We can help you reduce your debt load while saving money for your retirement. Give us a call to discuss your retirement goals. You will be glad you did.
Business Succession Planning
The most important component to ensure your business survives the transition to the next generation is Business Succession Planning. If you want to pass your family business along to your heirs, today is the best time to launch your company's succession plan. We have the experience and expertise to make certain your investments will provide you with the money you need for retirement and the funding your business needs after you leave. Remember, it is very important to keep an open dialogue with family members and to establish a clear successor for running your business. Give Murray Insurance & Financial Services a call today to start your Business Succession Planning.
Estate Planning
Whether you reside in Illinois or Wisconsin, a smooth financial transition and probate of your estate is important to your family's future. Most people think that a lack of a Will causes all the chaos during the settlement of an Estate. In fact, a lack of proper Estate Planning is the major cause of delays and confusion. Our qualified agents can even show you a more private way to transfer your assets as an alternative to the more public Will. Murray Insurance & Financial Services offers numerous products to provide you with insurance alternatives for your Estate Planning.
Any information contained in the Murray Insurance & Financial Services website is furnished for informational purposes only, and should not be construed as professional advice. Before you purchase insurance, always speak with a qualified agent to determine the insurance policy for managing your coverage in Illinois or Wisconsin.
