Sentences with phrase «pension maximization strategies»

If you have any questions about pension maximization strategies, or how much coverage to buy to replace your pension, give us a call and we will be happy to help you.

The entire family is protected when opting for a pension maximization strategy.

You could utilize a pension maximization strategy using life insurance to maximize your current pension income while providing for a lump - sum benefit that can be converted to lifetime income for your spouse.

The pension maximization strategy is somewhat complex in determining whether you would be better off with the single - life or joint - life option.

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.

In order to properly utilize the pension maximization strategy, George would choose the single - payout option only if he is able to secure a permanent life insurance policy with at least a $ 210,000 death benefit for less than $ 2,000 per month, or $ 24,000 per year.

What is a Pension Maximization Strategy?

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.

Not exact matches

Using a strategy called pension maximization, you can supplement your pension with life insurance to accept the full payout while still providing financial protection for your spouse and family.

Check out our guide to pension maximization for an in - depth look at this strategy.

If you are nearing retirement and think pension maximization might work for you, JRC Insurance can help evaluate, advise, and execute a life insurance strategy that enables you to take your full pension payout.

For those with spouses who are significantly younger, pension maximization might not be the best strategy either.

This strategy is commonly known as pension maximization and it is designed to maximize your retirement income.

Using a strategy called pension maximization, you might be able to supplement your pension with life insurance and accept the full payout while still providing financial protection for your spouse and family.