annuity tax deferral
Hybrid Long-Term Care Policies: A Smart Hedge Against Aging Costs
Hybrid Long Term Care Solutions Hybrid long term care policies combine life insurance or annuities with long-term care benefits, offering a “use it or lose it” alternative to traditional coverage. These innovative products provide death benefits if care isn’t needed, addressing a major concern about traditional long-term care insurance. Premiums are typically guaranteed, eliminating the […]
The Pros and Cons of Using Life Insurance for Retirement Income
Life Insurance Retirement Plans Explained A life insurance retirement plan (LIRP) offers unique tax advantages that traditional retirement accounts can’t match. These specially designed permanent life insurance policies allow policyholders to accumulate cash value tax-deferred while maintaining access to funds through policy loans. Unlike 401(k)s or IRAs, LIRPs don’t have contribution limits based on income. […]
Comparing Indexed vs Variable Universal Life: Which Is Better for You?
Indexed Universal Life Insurance Explained Indexed universal life insurance (IUL) offers a unique balance of growth potential and protection. These policies credit interest based on stock market index performance while guaranteeing your principal against market losses. The caps and participation rates determine how much upside you can capture during strong market years. When evaluating indexed […]
The Secret Strategy Behind Life Insurance Retirement Planning
Life Insurance Retirement Plans Explained A life insurance retirement plan (LIRP) offers unique tax advantages that traditional retirement accounts can’t match. These specially designed permanent life insurance policies allow policyholders to accumulate cash value tax-deferred while maintaining access to funds through policy loans. Unlike 401(k)s or IRAs, LIRPs don’t have contribution limits based on income. […]