DAVCO Financial & Insurance Services was established in San Francisco, California in 1993 by David B. Gonzalez (license #0133805), a second generation San Francisco native
(Daniel Webster, Everett Jr. High, Polytechnic High, City College San Francisco, San Francisco State University).
It has maintained a working agreement with a well established TPA (third party administrator) since its inception. This relationship allows government employees of the San Francisco Municipal Transit Authority (nee San Francisco Municipal Railway), Fire Department, Police Department, Sheriff’s Department, General Hospital, Water Department, Department of Public Works, ect., to supplement their retirement and protect their families with insurance products through payroll allotment.
Some of these products are:
- Life Insurance with a *Flexible Premium Deferred Annuity Rider
- Term Life with Critical Illness Benefit
- Universal Life
- Short Term On and Off The Job Accident/Disability Income Insurance
- Long Term Care Insurance
- **Single Premium Tax Qualified Annuities with Bonus
- ***Pre-Need Funeral Planning
Additionally, union members of San Francisco Firefighter’s Local 798 and Transport Workers Union Local 250A have previously been provided by DAVCO with their personal concise benefits booklet with topics ranging from Service Retirement Eligibility to Survivor’s Benefits to Disability Benefits.
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DID YOU KNOW?
The critical difference between a 401k Plan (Employment Retirement Income Security Act 1994 – ERISA) and a Deferred Compensation 457 Plan (Section 457 Tax Revenue Act 1978) is that the assets of a 401k Plan (State and Municipal employees not eligible for this plan) must be held in a trust and belong to employees and that the assets of a 457 Plan (only salary deferred plan available to State and Municipal employees) cannot be held in a trust and belong to the employer.
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ALSO……..
“WE CAN’T SOLVE PROBLEMS BY USING THE SAME KIND OF THINKING WE USED WHEN WE CREATED THEM.” ALBERT EINSTEIN
- DO YOU WANT TO GET OUT OF DEBT SOONER THAN LATER?
- IF YOUR MORTGAGE LENDER COULD TAKE YOU FROM 30 YEARS DOWN TO 12 YEARS WITHOUT CHANGING YOUR PAYMENT, WOULD YOU BE INTERESTED?
- WOULD YOU TRADE $50 TO SAVE $800? OR $500? OR EVEN $300?
WATCH THIS VIDEO!
http://123.macapitalresources.com/misterdavco
*Flexible Premium Deferred Annuity Rider is:
- A tax deferred interest bearing annuity added to a life insurance policy
- Minimum guaranteed interest rate of 3% (current rate 4%) compounded daily
- Maximum contribution of $10,000 allowed per year
- No withdrawal fees or charges
- Able to process withdrawal requests online
- Interest accumulates free of current income tax
- If used for retirement supplement, will provide a guaranteed lifetime income
**Can be used to roll over IRAs and 457 plans at retirement to increase the rolled over amounts with bonuses and be provided with a guaranteed lifetime income
***Why Pre-Need Funeral Planning?
- Have you ever been responsible for making funeral arrangements for a loved one or friend in the past?
- Were the arrangements pre-planned or did you have to make the decision at the time of need?
- How did that experience affect you?
- If there had been a death in your family yesterday, what would you be doing today?
- What difficulties would this create for you?
- The national average cost of a funeral every year increases by 6%. Example: If the cost of a funeral today is $7,500, in 10 years that same funeral would cost you $13,431!
Pre-Need Planning arrangements that guarantee funeral goods and services at TODAY’S prices for your senior family members are now available through arrangements made by DAVCO Financial & Insurance Services in the San Francisco bay area.
WANT MORE INFORMATION? FILL IN THE BOX BELOW WITH YOUR CONTACT INFORMATION AND SUBMIT IT TO US NOW!
