Sioux City Investments


	Insurance Services

	At Kempema Financial, we offer you select insurance options which will exactly fit your insurance needs. We even offer specialty insurance for people of all ages and situations. Below are the most popular insurance options and information on each one. Please contact us if you have further questions regarding these companies or their offerings. We'd love to hear from you!




	Instead of asking how much life insurance you need, ask yourself how much your family will need if something were to happen to you to continue their standard of living. Exactly how much they'll need depends on two aspects: taking care of immediate obligations and estimating future income needed to sustain the household. Life insurance products from Illinois Mutual can help you determine what your family will need in order to survive. No two lives are the same. That's why Illinois Mutual Life products are designed to fit the changing lives of hard working Americans. No matter where life takes you, you will always have the peace of mind of knowing that Illinois Mutual will be there with you. We feature a full line of life insurance products including Whole Life, Term Life and Disability Income insurance policies

	MTL Insurance Company, formerly Mutual Trust Life Insurance Company, is one of the one-hundred oldest life insurance companies in the United States and has specialized in personal life insurance since its founding in 1904. Year after year, the living benefits paid to MTL policyowners have greatly exceeded the amount of death benefits. Now, more than $11.4 million was paid in death benefits to beneficiaries, including dependents and survivors, and more than $85 million was paid to policyowners in the form of living benefits.
	412(i) Defined Benefit Pension Plus The 412(i) plan is a defined benefit pension plan established under Section 412(i) of the Internal Revenue Code. It is a proprietary, custom-designed plan that can be used with any investment grade life insurance or annuity contract. The plan is governed by the Employee Retirement and Income Security Act of 1974 ("ERISA"), the federal act governing the funding, vesting, administration and termination of private pension plans. (29 U.S.C.A §1001 et.seq) In a Nutshell Defined Benefit Pension Plan Must be funded by: Fixed Annuity Whole Life Insurance Combination All Benefits are Guaranteed Accrued Benefits are the Cash Values of Annuity and Life Insurance Contracts Exempt From Section 412 Funding Limits Why would I consider a 412(i) Plan? Properly Structured Plan Cannot be Underfunded Properly Structured Plan Cannot be Overfunded Guarded Against IRS Attack for Funding Assumptions Turnkey Plan Installation Turnkey Plan Maintenance Simple-to-Understand Plan Balances Section 415(e) repealed 12-31-99 Funding Assumptions Allow for Greater Contributions (105% more than D/B Plans) Contributions are Tax Deductible Tax Deferred Growth Fully Guaranteed Benefits Multiple Exit Strategies Available Low Cost to Setup and Maintain Minimal Reporting and Documentation Plan Assets Protected from Creditors If you're within retirement age, or maybe an "Empty Nester" with a second career, this is the ideal investment. Take a look at this real example of a male, age 60, insterested in the maximum deduction available, salary $200,000:
	Profit Sharing	$40,000
	Defined Benefit	$95,312
	412(i)	$253,446
	For even more information on this option, please send us an email or give us a call!

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