Larry and Heather's story
Modern Woodmen members: Larry and Heather Goff (center)
City: Davenport, Iowa
Occupation: Owners of Ace Auto Doctor and Repair, Bettendorf, Iowa
Modern Woodmen representative: Ruth Ahnen, Bettendorf, Iowa
How is Modern Woodmen helping you with employee benefits? Our small automotive repair shop is a second-generation family-owned business since 1969. We’ve grown to six full-time employees.
As a small business, we struggle with matching the benefits of larger businesses. Ruth has put together a great retirement plan for our employees that helps us be competitive with larger markets. Our employees appreciate being able to plan for their future retirement and having an employer-match program.
It’s critical in today’s economy to be competitive in both hiring and retaining employees. It gives your employees a sense of security and appreciation. It also makes us feel good that we can provide this opportunity for our employees to plan for their future needs.
What advice can you offer to other business owners? Consider offering retirement packages. When we first looked into it, we were hesitant. However, we were surprised to find out the cost was minimal. And Ruth has done a great job coordinating the plan, which has made it simple for me as the owner.
Ruth’s advice: In case of death, Larry and Heather wanted to make sure they were taking care of each other and their children. And they wanted to make sure Ace Auto and their employees’ jobs would still exist. We took care of both of these concerns with the proper types of life insurance plans.
The Goffs also believe strongly in saving for retirement. We set up plans for them and each of their employees that worked best for their specific needs.
With frequent reviews and adjustments as life events change, we’re helping make sure they’re saving properly for retirement. And we’re keeping the family and business protected.
Larry and Heather's Representative
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Whole life insurance
Whole life insurance helps protect your loved ones, providing tax-free money when you die, not just if you die during a specified time period. You can get peace of mind, knowing that your family is protected, and you can take advantage of cash value and other living benefits to help you plan ahead – no matter what life brings.
These local groups of Modern Woodmen members come together regularly for social, educational and volunteer activities. Chapter activities are experiences, not sales events, and are open to members of all ages. Members 55 and older can also participate in Summit chapters – special groups targeted to the interests of this age group.