Social Security Alternative |

Keenan Financial Services Social Security Alternative


The Accumulation Program for Part-time and Limited-service Employees (APPLE) Plan is an alternative to Social Security that has been designed for government, public and educational sector employees. The benefits are twofold: budget savings for employers and retirement and payroll benefits for part-time, seasonal, and temporary employees.

Benefits For Employees

  • Increased take-home pay
  • A pretax retirement program
  • Balance paid out upon separation of service and/or change in employment status
  • Employees monitor account growth
  • Benefit available from the first day of work

Benefits For Employers

  • Elimination of FICA contributions
  • Potential to retain proven employees is increased by the lure of a retirement plan with tangible benefits
  • Limited administrative requirements
  • No additional fees or charges
  • Flexible plan design options for the employer
  • The APPLE Plan is a valuable addition to your organization’s benefits package

InstaBalance – Monitor Your APPLE Account Online

APPLE participants can access accounts online at both the participant and employer level.

  • Secure Your Financial Future
  • Plan participants can rest assured that their contributions accumulate at a guaranteed minimum credited interest rate.*

Enjoy Personal Service from Industry Leaders

Keenan & Associates and MidAmerica Administrative Solutions are dedicated to providing the best service and support to APPLE plan participants.

*Annuity contracts are not FDIC insured.