San Diego natives Jason Pollington and Jerry Gertes, founders of P&G Financial Group, Inc. teamed up with Masters of Retirement to launch an innovative alternative savings strategy and retirement vehicle that is currently sending shockwaves through southern California. Most commonly compared to a certificate of deposit (CD) the 5 Year Gold Premium Account provides a 5 year fixed rate of return earning 2-3 times more than a CD. An average CD rate is currently around 3% while The 5 Year Gold Premium Account is offering a 6% rate. This will provide Americans with an alternative savings vehicle that will grow at a generous rate of return without the risk of investing in the volatile stock market. Americans can feel safe in investing in a product that has a Financial Performance Guarantee (FPG) by an insurance company that has the same government oversight and follows the same rules as the FDIC. You also have the flexibility to liquidate the account at any time. There is only a three year surrender charge that equates to only 1 years worth of interest. It would be a “wash” if you waited 13 months to liquidate the total account value.
When asked about how this product works Jason Pollington replied “To give you an example on a 5 Year Gold Premium Account: if a client invested $100,000 earning 6% in five years the total account value would be $130,000. Most seniors use this as an additional income vehicle and would receive $500 a month (while the principal balance stays the same) on a $100,000 investment. Along with the huge flexibility clients get with this product, one of which is having the option of deferring interest unlike a traditional savings account or CD. There are many other benefits but the bottom line is the rate of return. Most people care about how much their money will grow and when they can access their money if need be. In my 7 years in the Financial Industry I have never seen a product like this, and the company behind this product is phenomenal to say the least.”
While the stock market is down and the whole country is fearful of investing, this product provides a breath of fresh air because not only will clients get the same security as a CD or Treasury bond, they will get a return that is unmatched in this industry.

Posted: 06|5|09 at 12:46 pm. Filed under: Finance News.