Make sure you’re ready for both your working years and beyond
NORTH PROVIDENCE — One of the hardest things to plan for is retirement. Most people look forward to this joyful time in their life, yet are woefully unprepared for the changes in lifestyle, health and income that may happen. The two biggest financial fears people face before retirement are either not having enough income or depleting their assets too early because of taxes, longer life expectancies, or an unplanned or prolonged illness.
Before individuals reach that decision, they should see Nicholas Pacheco at Independent Benefit Solutions, LLC (IBS). Located at 2050 Mineral Spring Ave., Pacheco is a licensed, independent agent with more than 17 years of helping people plan and secure their futures. There are tax-advantaged ideas and services the company offers that benefit their client’s needs.
“From an individual standpoint, people have hopes and dreams that they want to live comfortably after they’ve worked throughout their lives,” said Pacheco, who was born and raised in Rhode Island. “We teach our clients how a variety of tax-advantaged ideas can help them create a customized plan that will best suit their unique needs.”
Pacheco noted another issue that will attract attention during the next few months: Medicare. He said the Medicare Annual Election Period (AEP) for individuals start today, Sunday, Oct. 15, and runs until Thursday, Dec. 7. During that period, Pacheco offers free seminars to inform the public about changes in the various plans for the coming year. His agency also meets with their clients one-on-one to review their current Medicare plans to ensure they still meet their needs and budget, including “Part D” prescription drug plans.
“What IBS will do for our clients are review their current insurance portfolio at no charge and see where they could help to create a solution that makes sense,” Pacheco said.
“We are a full-service, licensed independent insurance agency that educates their clients so they can stop worrying about their financial future and start living the way they planned.” Pacheco said.
Among the solutions IBS offers include: various Medicare and group health insurance plans, voluntary benefits, identify theft protection, retirement income, various tax-free final expense and life insurance, disability insurance and long-term care plans, among others.
Independent Benefit Solutions has an A+ rating with the BBB (Better Business Bureau), and is an active member of the Northern Rhode Island Chamber of Commerce. He is married and lives with his family in Cumberland, and has served as a Major in the R.I. Army National Guard for the last 22 years.
Pacheco said the company is expanding and seeking talented individuals interested in joining the team as Independent Insurance Agents. No experience is necessary; contact Pacheco by e-mail at npacheco@independentbenefitsolutions.com or by phone at 401-314-4100.