Use IRA Dollars to protect against LTC Costs?
- Many clients underestimate the financial impact of self-funding long-term care. We provide tax-efficient solutions that help mitigate this risk—without requiring new out-of-pocket expenses. A strategic way to differentiate your practice and add immediate value.
MYGAs -Better Than a CD? Tax-Deferred Growth with Guaranteed Rates
- A Multi-Year Guaranteed Annuity (MYGA) functions similarly to a CD, offering a fixed interest rate for a set term (typically 2 to 10 years). However, MYGAs grow tax-deferred, meaning clients don’t pay taxes on interest until withdrawal. Unlike CDs, which are bank-issued and taxable annually, MYGAs are backed by insurance companies and provide tax-efficient growth without market risk..
- Current market leading MYGAs rates:
- 5.10% on a 2-year MYGA
- 5.65% on a 10-year MYGA
Don’t Overlook Term Conversion?Options
- When shopping for term life insurance, many advisors and clients focus on price but overlook conversion options—often leaving clients without coverage when they need it most. Term conversion allows policyholders to switch to permanent insurance without new medical underwriting, but each carrier has different rules on conversion deadlines?and available products.
- It’s crucial to know these details upfront so clients don’t miss their window to convert. We help you navigate these options, ensuring your clients can secure lifelong protection if their needs change. Don’t let a missed deadline or lack of nuanced decision making, leave your clients and their families exposed to unnecessary risk.
Clients with Large Loans in their Permanent Life Insurance?
- Permanent life insurance with large loans and rising interest can become a ticking time bomb—draining cash value, risking policy lapse, and triggering unexpected taxes. A 1035 exchange loan rescue?offers a strategic way out, allowing clients to transfer cash value into a new policy while reducing or eliminating debt.
- This solution can:
- Stop high-interest loan drag
- Prevent costly policy lapses and tax surprises
- Secure stronger, more sustainable coverage
- Advisors/planners must act before loans spiral out of control. Let’s review your clients’ policies and implement a better strategies.
The Importance of Having an?Insurance?Presence/Capability
- Enhance Client Relationships: Offer comprehensive?insurance?solutions to deepen client loyalty?and?trust.
- Regular audits of life?insurance?and?annuity contracts?can help ensure?clients?are in?the best-performing products and?taking advantage of market improvements. Reviewing current contracts allows us?to?identify opportunities?to?bolster?your?client's insurance?positions via enhanced benefits or lower costs that align with?today's higher interest rates and?ever-changing client?needs.? Quite often, we see firms who do not have the time,?tools, or ability to?review and?audit at scale - prevent?your?firm from getting behind the power curve. ?Ensure you are staying on par with your competition.
- Streamline Operations:?Leverage a white-glove concierge service to reduce administrative burdens?and?focus on core competencies.
- Grow Your Business:?Differentiate your practice, attract new clients,?and?increase referrals.
- Access Expert Guidance:?Benefit from our deep?industry knowledge?and?personalized support
For most,?insurance?will never be a first language, but every client deserves a white-glove insurance?experience. Feel free?to?reach out or use my "Schedule an Appt" link for a brief conversation on how our expertise can be leveraged?to?support?your?goals and?bolster?your?capabilities. I’d love the opportunity?to?be?your?trusted, go-to?insurance?teammate.
