RISMEDIA, May 15, 2007-Prudential California/Nevada/Texas Realty will introduce a powerful, tax-advantaged retirement plan with high contribution limits designed to assist agents toward assuring retirement comfort and security. It will provide both a “state of the art,” tax-advantaged investment platform and valuable retirement planning guidance.
“We are proud to be one of a handful of brokers nationwide to provide a retirement program like this to its agents,” says A. David Cobo, CEO and chairman of the board. “We want to partner with our agents to provide them with financial investment opportunities for their long-term retirement goals.”
Tax law changes and technology have given way to a plan which allows agents to piggyback on the successful 401k program already in place for employees, managers and executives. Agents will have similar methodology and alternatives that are frequently used by many large sophisticated institutional investors. They will also have the option of rolling in other plans and thereby gaining access to an investment platform, and loan access.
A customized Web site has been constructed which provides a suite of tools to help agents determine how much to invest to be on track to retire when and with the income level they wish. The Web site will provide 24/7 access for enrollment and live phone support during business hours.
“This program will allow our agents to spend their time on what they do best as real estate professionals rather than attempting to navigate what can be complex decisions on their own,” says Cobo.
