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Discover strategies that provide additional protection, maximize your retirement income, and safeguard against unforeseen expenses.

Life Insurance Products

Living Trust

A living trust bypasses probate court, allowing assets to be distributed directly to beneficiaries. This efficient method saves time and reduces legal costs, ensuring your estate is handled according to your wishes.

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Fixed Indexed Annuities

Secure stable retirement income with fixed indexed annuities.

Enjoy guaranteed payouts and growth potential, ensuring a reliable financial future. Invest in fixed indexed annuities for a worry-free retirement.

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Living Benefits

A Living Benefit Rider in life insurance is an add-on that lets you access the death benefit while still alive.

This type of insurance, provides crucial support during critical health situations.

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Indexed Universal Life

Flexible indexed universal life insurance offers growth and protection.

Secure your financial future with a policy that adapts to your needs, ensuring stability and potential growth over time.

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FREQUENTLY ASKED QUESTION​

To provide you with the information you need quickly and easily.

  • What Is a Life Insurance Retirement Plan (LIRP)?
    A Life Insurance Retirement Plan (LIRP) is a unique financial tool that combines permanent life insurance with retirement savings. Unlike traditional retirement accounts like IRAs and 401(k)s, a LIRP offers both life insurance protection and a cash value component. With a LIRP, the cash value of the policy grows over time based on the policy’s terms. You can even choose to overfund the policy by paying more than the minimum premiums, which helps increase the cash value more quickly. This can be particularly useful if you’ve already reached the contribution limits of traditional retirement plans like IRAs. A LIRP is an excellent option for those looking to enhance their retirement savings while enjoying the benefits of life insurance coverage.
  • How Can You Use a LIRP to Fund Your Retirement?
    One key advantage of a Life Insurance Retirement Plan (LIRP) is its ability to use the cash value to boost your retirement income. This can help you manage taxable income and keep yourself in a lower tax bracket, which is especially useful for retirees on a fixed income. Maximizing the cash value from a LIRP can support your standard of living and help reduce your taxable income. However, be aware that LIRP investments, like other retirement funds, are subject to capital gains tax.
  • How Can a Life Insurance Retirement Plan (LIRP) Help Fund Your Retirement?
    A Life Insurance Retirement Plan (LIRP) offers a unique benefit: you can use the cash value of the policy to enhance your retirement income and manage taxable income. This can help you stay in a lower tax bracket and maintain your standard of living during retirement. For retirees on a fixed income, reducing taxable income through a LIRP can be particularly advantageous. Keep in mind that, like other retirement accounts, LIRP investments are subject to capital gains tax.
  • Who Should Consider a Life Insurance Retirement Plan (LIRP)?
    A Life Insurance Retirement Plan (LIRP) can be a smart choice for individuals with significant financial needs and high-net-worth situations. If you fit into one of these categories, LIRPs, including whole life and universal life policies, can enhance your retirement savings strategy. However, it’s crucial to weigh the potential drawbacks and seek advice from a financial advisor for tailored retirement planning.
  • Who might benefit from a LIRP?
    High-Income Earners: Those who have maxed out contributions to 401(k) plans or IRAs and are looking for additional ways to save for retirement. High-Net-Worth Individuals: Those with complex estates may find a LIRP valuable for managing estate taxes. The death benefits from a LIRP can help cover estate taxes, preserving more of your estate for your beneficiaries. Parents of Special Needs Dependents: If you have a child or dependent requiring long-term care, a LIRP can provide essential funds through its death benefit and cash value, ensuring continued support for your loved ones after your passing.
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