Planning for your financial future is now easier than ever with CK Financial

Peace of Mind

Financial Company has been serve protecting businesses, mitigating.

Set for Life

Customers told us the things they dislike most insurance. We listened and created.

Tailored Cover

We guarantee at your next renewal, you'll get the same or an even better price.

Planning for the future for your peace of mind

CK Insurance & Financial Company has been serving financial need clients protecting life long assets, planning for the future

Simple IRA Plan for your retirement

Everyone has difference financial needs so we can tailor your portfolio to your own profile

A SIMPLE IRA, or Savings Investment Match Plan for Employees, is a retirement savings plan that allows employees and employers to contribute a percentage of pay to retirement. The money grows tax-deferred until it’s withdrawn, and employees don’t pay taxes on investment growth. However, they will pay income taxes when making withdrawals. 
 
SIMPLE IRAs are a low-cost way for small businesses with 100 or fewer employees to set up a retirement program. Employees can choose to make salary reduction contributions, and the employer is required to make either matching or nonelective contributions. In 2024, employees can contribute a maximum of $16,000 annually, and the employer must tell employees during the election period which method will be used for the following year. The employer can choose to make a 2% nonelective contribution, or match employee’s elective deferrals on a dollar-for-dollar basis up to 3% of the employee’s compensation. 
 
 

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          945+ Reviews

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          Maria Marlin Retired Govt Officer, ON, Canada

          Very helpful fully explaining the different plans. Cash value is accessed via policy loans, which accrue interest and reduce cash value our valuable items.

          Maria Marlin Retired Govt Officer, ON, Canada

          Very helpful fully explaining the different plans. Cash value is accessed via policy loans, which accrue interest and reduce cash value our valuable items.

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          Stories and information to help you plan, prepare and protect
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          Protecting businesses place great weight on lots of things. But what we don’t really seem.

          Protecting businesses place great weight on lots of things. But what we don’t really seem.

          Protecting businesses place great weight on lots of things. But what we don’t really seem.

          Protecting businesses place great weight on lots of things. But what we don’t really seem.

          Protecting businesses place great weight on lots of things. But what we don’t really seem.

          Protecting businesses place great weight on lots of things. But what we don’t really seem.

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