This document provides an overview of immediate fixed income annuities as a way to guarantee an income for life after retirement. It discusses factors to consider such as life expectancy, how long savings may last in retirement, income annuity payout options, taxation of annuity income, and things to evaluate when purchasing a fixed income annuity like fees and the financial strength of the insurance company.
Sample financial planning recommendation from citidellGregory Atoko
This is how we do financial planning recommendations at Citidell. Treat yourself to this good service. It can very easily be one of your best decisions of the year.
Self-Owned Life & Retirement Insurance Arrangement (S.O.L.A.R.)Lee Rogers
A Self Owned Life & Retirement (S.O.L.A.R.) Insurance Arrangement is an arrangement where an executive purchases a Voya Indexed Universal Life-Global Choice (Voya IUL-Global Choice) policy, issued by Security Life of Denver Insurance Company, to provide death benefit protection and to help accumulate funds for retirement. The arrangement can be funded through employer contributions (as a §162 bonus plan), through after-tax contributions from the executive, or a combination of both. While premium payments must be treated as ordinary income, the executive can borrow money from the Voya IUL-Global Choice life insurance policy to pay income taxes. The executive can use the policy as a source of supplemental retirement income, as a source of survivorship benefits, or both.
Understanding annuities once and for allKirk Ashburn
Your guide to understanding the fundamentals of annuities, including their pros and cons, in an easy to understand manner so you can make an educated decision. Is guaranteed income for the rest of my life important to me? Is protecting the downside of my investment important to my family? Will I sleep better at night knowing that my investment will not lose value if the market drops tomorrow?
The Tax Diversify Your Retirement Income with Life Insurance sales presentation will help you understand the importance of tax diversification and the benefits that a Custom Whole Life (CWL) policy can provide. In addition to the traditional benefit of death benefit protection, the cash value of the CWL policy accumulates tax-deferred and can generally be accessed on a tax-free basis*.
Use the concept presentation and other materials to discuss how life insurance not only provides death benefit protection, but can also be a tax diversification tool.
Contact me if you would like to discuss
*The cash value is accessed through policy loans, which accrue interest at the current rate, and cash withdrawals. Loans and withdrawals will decrease the total death benefit and total cash value. The supplemental retirement income is not guaranteed.
For Those Who Want to Prosper & Thrive in Retirementfreddysaamy
http://ekinsurance.com/financial/retirement/
Our core capital should be designed to outlive us. In fact, it’s important for you to start thinking about your money in terms of it outliving you, not the other way around. You don’t want to outlive your money.
Life Insurance Trusts and Charitable Planning Techniquesscoop85
Learn techniques to provide protection for life insurance proceeds against estate tax exposure and creditors, and how to integrate charitable planning techniques that benefit the client and their family as well as selected charities.
Sample financial planning recommendation from citidellGregory Atoko
This is how we do financial planning recommendations at Citidell. Treat yourself to this good service. It can very easily be one of your best decisions of the year.
Self-Owned Life & Retirement Insurance Arrangement (S.O.L.A.R.)Lee Rogers
A Self Owned Life & Retirement (S.O.L.A.R.) Insurance Arrangement is an arrangement where an executive purchases a Voya Indexed Universal Life-Global Choice (Voya IUL-Global Choice) policy, issued by Security Life of Denver Insurance Company, to provide death benefit protection and to help accumulate funds for retirement. The arrangement can be funded through employer contributions (as a §162 bonus plan), through after-tax contributions from the executive, or a combination of both. While premium payments must be treated as ordinary income, the executive can borrow money from the Voya IUL-Global Choice life insurance policy to pay income taxes. The executive can use the policy as a source of supplemental retirement income, as a source of survivorship benefits, or both.
Understanding annuities once and for allKirk Ashburn
Your guide to understanding the fundamentals of annuities, including their pros and cons, in an easy to understand manner so you can make an educated decision. Is guaranteed income for the rest of my life important to me? Is protecting the downside of my investment important to my family? Will I sleep better at night knowing that my investment will not lose value if the market drops tomorrow?
The Tax Diversify Your Retirement Income with Life Insurance sales presentation will help you understand the importance of tax diversification and the benefits that a Custom Whole Life (CWL) policy can provide. In addition to the traditional benefit of death benefit protection, the cash value of the CWL policy accumulates tax-deferred and can generally be accessed on a tax-free basis*.
Use the concept presentation and other materials to discuss how life insurance not only provides death benefit protection, but can also be a tax diversification tool.
Contact me if you would like to discuss
*The cash value is accessed through policy loans, which accrue interest at the current rate, and cash withdrawals. Loans and withdrawals will decrease the total death benefit and total cash value. The supplemental retirement income is not guaranteed.
For Those Who Want to Prosper & Thrive in Retirementfreddysaamy
http://ekinsurance.com/financial/retirement/
Our core capital should be designed to outlive us. In fact, it’s important for you to start thinking about your money in terms of it outliving you, not the other way around. You don’t want to outlive your money.
Life Insurance Trusts and Charitable Planning Techniquesscoop85
Learn techniques to provide protection for life insurance proceeds against estate tax exposure and creditors, and how to integrate charitable planning techniques that benefit the client and their family as well as selected charities.
Spencer Lodge Fund Advisers Dubai Life Insurance. Spencer Lodge MD of Fund Advisers Dubai Universal life insurance offers you the freedom to increase or decrease your policy’s death benefit to fit your individual needs. Policies have minimum and maximum premium amounts that you must meet to maintain your coverage, but the timing of payments can be flexible. Access to cash values Universal life insurance policies have a cash value that has the potential to increase over time. If financial needs arise, you can tap into your policy by taking tax-advantaged policy loans and making partial withdrawals without income taxes.
Annuities explained is a presentation which will explain everything you need to know about the major types of annuities, what are the best annuities and how to select the most appropriate annuity in your particular situation.
"The Case For Annuity," by Phil Wasserman. This book shows an unbiased view on annuities, how they can offer you secure income streams, and growth potential while having no market risk or volatility.
Find out how you can turn your pension into money you can use. Since 2015 there has been greater flexibility and freedom for people to access their pension savings. Find out more at https://www.tudorfranklin.co.uk
http://ekinsurance.com/financial/what-are-annuities/
Annuities can be a great way to make your money work, but many people may not understand the risks, rewards, or the workings of their annuities.
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USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
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how can I sell pi coins after successfully completing KYCDOT TECH
Pi coins is not launched yet in any exchange 💱 this means it's not swappable, the current pi displaying on coin market cap is the iou version of pi. And you can learn all about that on my previous post.
RIGHT NOW THE ONLY WAY you can sell pi coins is through verified pi merchants. A pi merchant is someone who buys pi coins and resell them to exchanges and crypto whales. Looking forward to hold massive quantities of pi coins before the mainnet launch.
This is because pi network is not doing any pre-sale or ico offerings, the only way to get my coins is from buying from miners. So a merchant facilitates the transactions between the miners and these exchanges holding pi.
I and my friends has sold more than 6000 pi coins successfully with this method. I will be happy to share the contact of my personal pi merchant. The one i trade with, if you have your own merchant you can trade with them. For those who are new.
Message: @Pi_vendor_247 on telegram.
I wouldn't advise you selling all percentage of the pi coins. Leave at least a before so its a win win during open mainnet. Have a nice day pioneers ♥️
#kyc #mainnet #picoins #pi #sellpi #piwallet
#pinetwork
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
how to sell pi coins in all Africa Countries.DOT TECH
Yes. You can sell your pi network for other cryptocurrencies like Bitcoin, usdt , Ethereum and other currencies And this is done easily with the help from a pi merchant.
What is a pi merchant ?
Since pi is not launched yet in any exchange. The only way you can sell right now is through merchants.
A verified Pi merchant is someone who buys pi network coins from miners and resell them to investors looking forward to hold massive quantities of pi coins before mainnet launch in 2026.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
how to sell pi coins effectively (from 50 - 100k pi)DOT TECH
Anywhere in the world, including Africa, America, and Europe, you can sell Pi Network Coins online and receive cash through online payment options.
Pi has not yet been launched on any exchange because we are currently using the confined Mainnet. The planned launch date for Pi is June 28, 2026.
Reselling to investors who want to hold until the mainnet launch in 2026 is currently the sole way to sell.
Consequently, right now. All you need to do is select the right pi network provider.
Who is a pi merchant?
An individual who buys coins from miners on the pi network and resells them to investors hoping to hang onto them until the mainnet is launched is known as a pi merchant.
debuts.
I'll provide you the Telegram username
@Pi_vendor_247
US Economic Outlook - Being Decided - M Capital Group August 2021.pdfpchutichetpong
The U.S. economy is continuing its impressive recovery from the COVID-19 pandemic and not slowing down despite re-occurring bumps. The U.S. savings rate reached its highest ever recorded level at 34% in April 2020 and Americans seem ready to spend. The sectors that had been hurt the most by the pandemic specifically reduced consumer spending, like retail, leisure, hospitality, and travel, are now experiencing massive growth in revenue and job openings.
Could this growth lead to a “Roaring Twenties”? As quickly as the U.S. economy contracted, experiencing a 9.1% drop in economic output relative to the business cycle in Q2 2020, the largest in recorded history, it has rebounded beyond expectations. This surprising growth seems to be fueled by the U.S. government’s aggressive fiscal and monetary policies, and an increase in consumer spending as mobility restrictions are lifted. Unemployment rates between June 2020 and June 2021 decreased by 5.2%, while the demand for labor is increasing, coupled with increasing wages to incentivize Americans to rejoin the labor force. Schools and businesses are expected to fully reopen soon. In parallel, vaccination rates across the country and the world continue to rise, with full vaccination rates of 50% and 14.8% respectively.
However, it is not completely smooth sailing from here. According to M Capital Group, the main risks that threaten the continued growth of the U.S. economy are inflation, unsettled trade relations, and another wave of Covid-19 mutations that could shut down the world again. Have we learned from the past year of COVID-19 and adapted our economy accordingly?
“In order for the U.S. economy to continue growing, whether there is another wave or not, the U.S. needs to focus on diversifying supply chains, supporting business investment, and maintaining consumer spending,” says Grace Feeley, a research analyst at M Capital Group.
While the economic indicators are positive, the risks are coming closer to manifesting and threatening such growth. The new variants spreading throughout the world, Delta, Lambda, and Gamma, are vaccine-resistant and muddy the predictions made about the economy and health of the country. These variants bring back the feeling of uncertainty that has wreaked havoc not only on the stock market but the mindset of people around the world. MCG provides unique insight on how to mitigate these risks to possibly ensure a bright economic future.
2. Your Earning Power
2Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
Your ability to earn an income is your most valuable asset.
$ 50,000 $ 100,000 $ 250,000 $ 500,000
$ 2,000,000 $ 4,000,000 $ 10,000,000 $ 20,000,000
$ 1,500,000 $ 3,000,000 $ 7,500,000 $ 15,000,000
$ 1,000,000 $ 2,000,000 $ 5,000,000 $ 10,000,000
$ 500,000 $ 1,000,000 $ 2,500,000 $ 5,000,000
$ 250,000 $ 500,000 $ 1,250,000 $ 2,500,000
Your Future Earning Power
If Your Family Income Averages:
Years to
Age 65:
40
30
20
10
5
How can you replace your income
after retirement?
What steps can you take
to guarantee that your
retirement savings
will produce a stream of
income that you cannot
outlive?
Few people realize that a 30-year-old couple will
earn 3.5 million dollars by age 65 if their total
family income averages $100,000 for their entire
careers, without any raises.
Your Income
Spouse’s Income
Other Income
Investment Income
3. Failing to Plan
3Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
They Simply Fail to Plan and Set Goals.
The fact is that,
once retirement is reached, it does not matter how much you earned during your
working years.
What does matter is how much money you have saved and accumulated, as well as
what you choose to do with those funds during retirement.
The biggest financial risk that anyone faces during retirement is the risk that savings
will be depleted... the risk that income will be outlived!
Most People Do Not Plan to Fail.
4. How Long Can You Expect to Live After Retirement?
4Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
Advances in medical science and healthier lifestyles have resulted in longer life expectancies.
With longer life
expectancies, however, comes
the
increased risk of outliving your
retirement income!
Source: Commissioners' Standard Ordinary Mortality Table; based on composite data (combination of smokers, non-smokers and
smoking status unknown); age nearest birthday, 2001
Current Age: Life Expectancy (in years):
men women
60 20.64 24.08
62 19.06 22.47
64 17.54 20.90
66 16.08 19.36
68 14.68 17.86
70 13.32 16.40
72 12.01 14.99
74 10.78 13.64
5. How Long Will Your Savings Last After Retirement?
5Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
If we knew exactly how long we were going to live after retirement, this arrangement might be
satisfactory. The reality, of course, is that none of us knows how long we will live after retirement. This
uncertainty is what makes it so difficult to avoid the risk of outliving retirement income.
If You Withdraw Both Principal and Interest,
How Long Will It Take to Exhaust a $250,000 Retirement Savings Fund?
Rate of Return Amount Withdrawn at the Beginning of Each Month:
$2,500 $5,000 $7,500
4%
121 monthly payments
(10 years, 1 month)
54 monthly payments
(4 years, 6 months)
35 monthly payments
(2 years, 11 months)
6%
137 monthly payments
(11 years, 5 months)
57 monthly payments
(4 years, 9 months)
36 monthly payments
(3 years)
8%
163 monthly payments
(13 years, 7 months)
60 monthly payments
(5 years)
37 monthly payments
(3 years, 1 month)
10%
211 monthly payments
(17 years, 7 months)
64 monthly payments
(5 years, 4 months)
38 monthly payments
(3 years, 2 months)
6. A Potential Solution Using a Fixed Income Annuity
6Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
* Guarantee is based on the continued claims-paying ability of the
issuing insurance company.
Here's How an
Income Annuity
Works: The annuitant pays a single premium to an insurance company.
Beginning immediately or shortly after the single premium is paid, the
insurance company pays the annuitant an income guaranteed* to
continue for as long as the annuitant is alive, assuming the annuitant
selects a life income option. There are other payout options also
available.
The insurance company
pays survivor benefits, if
any, to the annuitant’s
designated beneficiary
after the annuitant’s
death.
Annuitant Insurance
Company
Beneficiary
Pays a Stream of Income
Makes a Single Payment
PaysAnySurvivor
Benefits
The purpose of an annuity is to protect against the financial
risk of living too long... the risk of outliving retirement
income... by providing an income guaranteed* for life.
In fact, an annuity is the ONLY financial
vehicle that can systematically
liquidate a sum of money in such a way
that income can be guaranteed* for as
long as you live!
7. Income Annuity Payout Options
7Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
Life Income
Option
Payments are made for as long as the annuitant is alive.
Payments cease at the annuitant’s death.
This option produces the maximum guaranteed* lifetime income.
The income from an income annuity can be structured in a variety of ways, enabling you to select
the payout option that best satisfies your unique needs. The most frequently-selected annuity
payout options guarantee* an income that cannot be outlived:
continued on next slide
* All guarantees are based on the claims-paying ability of the issuing insurance company.
Life Income with
Period Certain
Option
Payments are made for as long as the annuitant is alive.
If the annuitant dies before a specified number of payments have been received
(e.g., 120 monthly payments), the remaining payments in the period certain are
made to the designated beneficiary.
Life Income with
Refund
Guarantee
Option
Payments are made for as long as the annuitant is alive.
If the annuitant dies before payments equal to all or a specified portion of the
purchase price have been received, the designated beneficiary receives the
balance of the payments, up to the refund guarantee* amount.
8. Income Annuity Payout Options
8Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
Joint-and-
Survivor Option
This payout option covers two lives.
The same payment can be received for as long as either of the two annuitants is
alive or, alternatively, at the death of the first annuitant, the payment to the
surviving annuitant can be structured to reduce to a specified percentage (e.g.,
75%) of the payment received while both annuitants were alive.
A joint-and-survivor payout can also include a period certain feature.
Flexibility While these are the four basic annuity payout options most commonly selected,
some income annuity contracts offer additional flexibility… ask your licensed
financial adviser about contract features that may add flexibility to your use of an
annuity to provide retirement income.
9. Income Annuity Taxation
9Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
Income Taxation
Income tax treatment depends on whether the money used to purchase the income annuity came
from "qualified" savings, such as IRAs or 401(k) plans, or from "non-qualified" savings, such as
personal savings and investments, an inheritance, life insurance proceeds, sale of a business
interest, etc.
Qualified
Savings
Since money in a qualified plan generally has not been previously taxed, the
full amount of each annuity income payment typically will be subject to
ordinary income tax as received.
If a portion of the qualified savings used to purchase the income annuity has
already been taxed, that amount is returned in equal income-tax-free amounts
over the expected payment period (based on the annuitant's life expectancy).
continued on next slide
10. Income Annuity Taxation
10Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
Estate Taxation
At the annuitant’s death, the present value of any remaining annuity payments due is generally
included in the annuitant’s estate, to the extent of the deceased annuitant’s proportional
contribution to the annuity purchase price.
A professional tax advisor should be consulted for more detailed information on income annuity
taxation in your situation.
Non-Qualified
Savings
The annuity purchase price is returned in equal income-tax-free amounts over the
expected payment period (based on the annuitant’s life expectancy).
The portion of each payment in excess of the tax-free return of the purchase price is
taxable in the year received.
In summary, a portion of each annuity payment is received income tax free until the
investment in the contract is recovered and the balance is taxable as received.
11. Fixed Income Annuity Checklist
11Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
An annual maintenance fee (e.g., $30); and/or
Mortality or insurance charges for death benefit features.
The annuity fees and expenses an insurance company charges can include:
Fees and Expenses
Premium charges deducted when premiums are paid;
Once you decide that a fixed income annuity is right for you, there are a number of factors you
should consider in evaluating the specific annuity you will purchase. These include:
Carefully evaluate fees and expenses, since they will impact the amount of annuity income you
receive.
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12. Fixed Income Annuity Checklist
12Guaranteeing an Income for Life: An Immediate Fixed Income Annuity Review
Since an annuity is an insurance
contract, you need to be able to
count on the financial strength and
claims-paying ability of the
insurance company from which you
purchase an income annuity.
Ask for company rating information
from respected sources, such as
A.M. Best, Moody's or Standard &
Poor's, before purchasing an income
annuity.
Insurance Company Ratings
the annuity income options available;
the right to terminate the income annuity within a
specific time period and receive the value of the
undistributed annuity payments;
Make sure you understand the terms and limitations of
the annuity contract before you purchase it, including:
Annuity Features
the annuity income amount and frequency guaranteed
by the contract;
how any death benefit is determined.