Sentences with phrase «pension maximization plans»

These are important to know, especially for the those who consider a single carrier when putting together a pension maximization plan, which uses both permanent life insurance and immediate annuities.

How to Set Up a Pension Maximization Plan 3.

Not exact matches

This so - called pension maximization may be a plan only an insurance agent could love, so run it past a fee - only financial planner — one who doesn't earn commissions on insurance sales — for a second opinion.

A pension maximization strategy should provide your spouse with at least the same amount of money that they would have received at your passing if you had chosen the joint - survivorship pension plan.

These policies typically offer $ 50,000 to $ 5,000,000 in life insurance protection and they can be used to provide money for funeral expenses, estate planning, pension maximization, or to provide a surviving spouse with income protection.

Pension maximization involves determining whether or not a life insurance policy can provide a comparable replacement income for your surviving spouse for less than the monthly reduction of selecting a joint - life annuity plan.

These policies are the most beneficial for those who want to purchase life insurance for estate planning purposes, to leave an inheritance, or as a pension maximization strategy.