A conservative wealth management planner with DeRosa & Associates, Chester Pacana meets the needs of Tennessee clients seeking tax-free retirement pathways. Focused on assisting plan providers, Chester Pacana focuses on qualified, non-ERISA retirement plans. Plans established and serviced by the firm include 403(b) plans that provide employees with tax benefits as they save toward retirement. Supplementing these, 401(k)s have independent contribution limits that allow further savings potential, beyond what is possible with 403(b) plans alone. These include the popular Roth 401(k) plan that provides for tax free distributions after retirement. For companies with significant numbers of seasonal, temporary, and part-time staff members, the 3121 FICA Alternative Plan is a defined-contribution retirement solution that can serve as an alternative to Social Security. In addition, 401(a) plans are available to diverse entities, from corporations to nonprofits, and offer sound money-purchase retirement plan pathways for self-employed individuals and sole proprietorships. Complementing the range of employer-sponsored retirement plans are IRA accounts that are provided for in the tax code as accounts enabling individuals to save for retirement up to 70.5. C. Edziu Pacana and his team at DeRosa & Associates work through National Life Group in helping business clients navigate retirement options, with an aim of ensuring that employees have the most attractive and cost-effective benefits packages possible.
0 Comments
Chester “C. Edziu” Pacana, a conservative wealth management planner and vice president of sales and recruitment with Jamestown, Tennessee-based DeRosa and Associates, offers clients extensive information on numerous retirement and long-term planning vehicles. Chester Pacana concentrates on working with high-net-worth clients, federal employees, and those in the medical profession. He additionally serves as a nursing retirement specialist with Retirement4Nurses.
Only recently, the average nurse planned to retire while still in his or her 50s, in part because of the unusual level of stress and burnout associated with the job. Today, however, some studies show the average retirement age for nurses as about 61 years old, a fact partially attributed to the more uncertain nature of the American economy and its benefits system. Many nurses today maintain active direct patient care roles into their 60s, with the median age of American nurses at about 45. Even so, large numbers of nurses from the baby boomer generation are planning to retire over the next few years, creating a wave of occupational vacancies that experts predict will exacerbate the nation’s long-standing nursing shortage. As reported by the AARP in 2017, almost three-quarters of registered nurses age 54 and up who are planning to retire and who responded to a national survey said that they would do so within three years. Chester “C. Edziu” Pacana works as the vice president of sales and recruitment and as a conservative wealth management planner with DeRosa and Associates, offering wealth investment and retirement planning options to clients in Tennessee and Florida. Chester Pacana is also dedicated to the sport of rucking, whose participants hike with weighted backpacks on their backs. Advocates of rucking point out that it is an excellent exercise for the cardiovascular system, burning significant amounts of calories. Rucking is a tried-and-true staple of military fitness exercises; members of the armed services are among the strongest promoters of it as a means of active resistance training for the body. Since rucking can be done at a walking or slow hiking pace, at a fast walk, or at a slow jog, the difficulty and the resulting caloric burn increase as the pace increases. While the typical civilian who takes up rucking can choose to fill his or her backpack with varying degrees of weights depending on personal fitness goals (45 pounds is a common civilian standard), a member of the military is already required to haul large amounts of gear over often rugged terrains. Either way, the cardiovascular benefits are typically extensive. Experts note that a typical rucking session burns more calories than walking, about the same amount as jogging or a demanding general fitness routine. One estimate says a 200-pound man rucking for one hour at a pace of five miles per hour can burn more than 700 calories. Rucking also increases the heart rate and builds overall physical and mental endurance. |
AuthorChester Pacana - Experienced Conservative Wealth Management Planner. Archives
July 2019
Categories |