Retirement Planning

Retirement Plan Services – The Trust


As a psychologist, especially if you're in independent practice, you may need to devise your own retirement plan and possibly one for your partners or employees. The Trust knows how important financial planning and saving during your working years can be to a comfortable and secure retirement. With so many complex investment strategies to consider, you may need professional assistance building a plan that fits your lifestyle, business model, and retirement horizon.

The Trust has endorsed UBS Financial Services to help you make sound decisions regarding your financial future. They provide retirement investment advise and plan administration services for individuals as well as businesses and employees looking to strategically save for the future. Whether you are considering a plan for the first time or evaluating an existing one, UBS can help you understand the alternatives and key elements of your available options.

These include:

  • 401(k) Plan
  • Simplified Employee Pension Plan (SEP-IRA) 
  • Savings Incentive Match Plan for Employees (SIMPLE IRA) 
  • Profit Sharing/Defined Benefit Plan

To learn more, and to be put in touch with The Trust's retirement advisors and administrators, email retirement@trustinsurance.com or call (888) 751-0287.

Tax Savings Calculator

This calculator shows the reduction in your take-home pay and your corresponding monthly tax savings while contributing to a "tax favored retirement plan."

Reduction in Take-Home Pay Tax Bracket Monthly Tax Savings
$42 15% $8
$36 28% $14
$34 31%* $16
Reduction in Take-Home Pay Tax Bracket Monthly Tax Savings
$85 15% $15
$72 28% $28
$69 31%* $31
Reduction in Take-Home Pay Tax Bracket Monthly Tax Savings
$170 15% $30
$144 28% $56
$138 31%* $62
Reduction in Take-Home Pay Tax Bracket Monthly Tax Savings
$340 15% $60
$288 28% $112
$276 31%* $124

*A higher tax rate applies to married couples filing jointly with incomes over $161,450, as well as heads of households with incomes over $147,050, and to single filers with an income over $132,600. Therefore, your reduction in take-home pay is less and your corresponding monthly tax savings is greater.


Questions?

Please contact our experienced retirement advisors at (888) 751-0287. They look forward to helping you!

Compounded Interest Calculator

This calculator shows what you can expect to accumulate in a tax favored retirement plan over time based upon certain monthly contribution assumptions and hypothetical rates of return. These accumulations are hypothetical and are not a prediction of future investment results. This calculator shows the effect of compounding rates of return and the wisdom of embarking upon a tax-favored savings program at the earliest possible time.