Sentences with phrase «supplemental retirement»

Reverse mortgages can provide money for anything you want, from supplemental retirement income to money for a large home improvement project.

With its death benefit and cash value accumulation guaranteed to age 121, Survivorship Choice Whole Life will appeal to couples with protection, estate planning, wealth transfer or supplemental retirement income needs.

Upon retirement, or some other mutually agreed upon date between the employer and employee, the employee can access the policy's cash value to use an additional income source, such as supplemental retirement income.

This provides you with the opportunity to have a supplemental retirement income.

They don't have enough money allocated at this point to do anything other than term life insurance and create supplemental retirement income.

The way to set up the life insurance policy to use it as a supplemental retirement, starts with the funding.

They will tell us they need life insurance for everything from income replacement, mortgage protection, burial expenses, to supplemental retirement income.

When you want to use life insurance as a supplemental retirement vehicle, you want to make sure your overfund it.

The universal life policy improves the overall life insurance package in that it is portable and can create supplemental retirement income through its cash value.

More irony as funding a properly structured participating whole life insurance policy would (1) provide supplemental retirement income, (2) will help pay for long term care and (3) medical expenses, as well as (4) provide a tax free life insurance death benefit.

And since whole life offers excellent supplemental retirement income, you will have a paid up policy ready upon entering retirement.

Non-Qualified Retirement Plans: Having maximized your contributions to your Qualified Plan, we can show you how Variable Annuities, Variable and Universal Life Insurance, Non-Deductible and Roth IRAs, and Deferred Compensations Plans can provide Opportunities for creating supplemental retirement income.

The cash that accumulates inside a policy can be used for any purpose such as college funding, supplemental retirement income, and charitable giving.

The tax deferral of cash growth makes life insurance an ideal vehicle for funding executive compensation plans, creating supplemental retirement income for business owners, or to fund a corporate stock redemption plan.

EIUL policies are best suited for key executive compensation cases where supplemental retirement income is the primary objective.

A supplemental retirement plan gives your top employees a chance to save more once they've maxed out their contribution to a qualified plan, which can increase engagement and retention.

However, an often overlooked use of key man life insurance is to provide supplemental retirement benefits to YOU, the business owner.

Non qualified deferred compensation plans are chiefly used to provide additional supplemental retirement income to key executives.

You can use a VUL policy for many of your planned financial needs, such as supplemental retirement planning, business planning, long - term care and education funding.

Consider a supplemental retirement plan for retention of these employees.

You can use the loan for whatever you choose, such as supplemental retirement income, passive income assets, or to buy large ticket items such as a vehicle.

When purchasing indexed ul for supplemental retirement income, the earlier you start the policy the better the results.

For the last decade, carriers and producers have de-emphasized cash accumulation insurance products (which build value that can be accessed by the policyholder or turned into supplemental retirement income) in favor of no - lapse guarantee life products that simply promote cheap premium.

Although the IRS does not allow you to roll over existing retirement plans into your indexed universal life insurance policy, many today are using Indexed universal life as a supplemental retirement plan.

Available loan option for emergencies, and / or for supplemental retirement income or any other purpose

You can then use the loan proceeds for whatever you choose, such as supplemental retirement income, paying down debt, financing your own purchases, or investing in passive income, such as real estate.

3) Growing cash value, so you'll have a «bank account» inside your policy that you can access for emergencies, college expenses, supplemental retirement income, or any other cash needs you may have.

Life insurance can help protect the ones you love, as well as provide living benefits such as cash value that can help with supplemental retirement income, health care expenses or college expenses.

Had the individual purchased permanent life insurance, he or she could have access to a potentially significant source of supplemental retirement income in the future (depending on the policy type), while preserving the death benefit in perpetuity (note, however, that the death benefit and cash value of a policy is reduced in the event of a loan or partial surrender, and the chance of lapsing the policy increases).

Using life insurance for supplemental retirement income can help you maintain your lifestyle after you stop working.

Once you turn 65 years old, you can take penalty - free distributions from an HSA for any reason, not just medical care, making it a de facto supplemental retirement account.

Only four percent of those polled said access to cash for college funding, healthcare emergencies or supplemental retirement income was a top reason for having life insurance.

«Life insurance offers potential for tax - efficient cash accumulation, which can be accessed for a variety of reasons including supplemental retirement income or healthcare costs, as well as a tax - efficient vehicle to provide for heirs,» he told AdvisorOne.

A supplemental executive retirement plan (sample) is a deferred compensation agreement between the company and the key executive whereby the company agrees to provide supplemental retirement income to the executive and his family if certain pre-agreed upon conditions are met by the executive.

While we don't push whole life as an investment or for supplemental retirement income, we understand that there are some situations when it makes sense for some people.

The cash value that is available inside of a life insurance policy can be a great source of supplemental retirement income.

Cash value life insurance works as a forced savings vehicle to help provide supplemental retirement income.

This is an example of using indexed universal life insurance for supplemental retirement planning.

Build trust with families — serving as a trusted advisor who presents clients with a full range of supplemental retirement income options will help cement relationships with those individuals and their family members.

It provides an option to receive supplemental retirement income that can help make your later years more satisfying.

These policies provide many advantages, including supplemental retirement income.

These include final expenses, education funding, mortgage and income replacement, and supplemental retirement income.

based compensation plans, bonus plans, stock options, stock appreciation rights, restricted stock, restricted stock units, employment agreements, severance agreements, elective nonqualified deferred compensation and supplemental retirement plans.

Satisfy Needs While Your Clients Are Alive PAUL lets your clients use the money in their policies for the things both planned and unplanned, such as a child's college education, supplemental retirement income, or emergency situations.

And since whole life offers excellent supplemental retirement income, you will have a paid up policy ready upon entering retirement.

Insurance is often a key component of supplemental retirement planning and income distribution.

Upon retirement, or some other mutually agreed upon date between the employer and employee, the employee can access the policy's cash value to use an additional income source, such as supplemental retirement income.

Our professionals can help you determine whether life or disability insurance, supplemental retirement plans, or executive bonus arrangements make sense for you and your employees.

You can use a VUL policy for many of your planned financial needs, such as supplemental retirement planning, business planning, long - term care and education funding.

Many seniors will turn to reverse mortgages to help with day to day living expenses, medical and health costs, and general supplemental retirement income.