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Financial Strategies for a New Business
You’ve analyzed the market, identified funding sources and decided to take the plunge and start a new business. Before you set up shop, take time to make sure you have adequate financial protection. You need a solid financial strategy to help protect you, your business, your family and your employees. Also, consider your retirement and the eventual sale or succession of your new business.
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To get started, consider a few of the following options:
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Annuities*
Establish individual retirement annuities for yourself and your employees. Offering this type of benefit may help motivate your company’s employees.
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Disability Income Insurance
Help protect your business and a portion of your own personal income in case you become disabled and are unable to work.
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Life Insurance
Buy life insurance protection and review the other features certain life policies have available for you, your family, business partners and employees.
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Retirement Plans
Design a long-term retirement plan strategy for you and your employees.
Prefer to speak to someone who can help you develop the right financial strategy to meet your needs?
*Annuities do not provide any additional tax advantage when used to fund a qualified plan. Consider buying an annuity for the annuity's additional features, such as lifetime income payments and death benefit protection.
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Insurance products issued by Massachusetts Mutual Life Insurance Company (MassMutual), 1295 State Street, Springfield, MA 01111-0001 and its subsidiaries C.M. Life Insurance Company and MML Bay State Life Insurance Company, 100 Bright Meadow Boulevard, Enfield, CT 06082.
CRN201207-136983
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