We are here to help ... call us today at 1-877-844-0900

  • About
    • Company Overview
    • Our Services
    • Who We Are
    • Our Partners
    • Video Testimonials
  • Amplify Your Business
    • Safe Money Places Marketing Program
    • Agent Website
    • Email Marketing
    • Lead Generation
    • Agent Software
  • Products
    • Our Products
    • Our Carriers
    • Product Training
    • Request a Quote
    • Online Contracting
    • Product Searches, Quotes, and Forms
  • Incentives
  • White Papers
  • VIDEOS
    • Prospecting Tip Videos
    • Recorded Webinars
  • Members Only
    • Online Contracting
    • Product Searches, Quotes, and Forms
    • Product Training
    • Safe Money Places Agents >
      • Client Videos
      • Safe Money News
      • Landing Pages
      • Consumer Guides
      • Presentation Material
      • Personalization Request
      • Safe Money Places Logos
    • Client Marketing Kits >
      • 5 Financial Hazards Marketing Kit
      • Wealth Transfer (SPL) Marketing Kit
      • Personal Pension Plan Marketing Kit
      • TriVysta Marketing Library
    • Agent Training >
      • White Papers
      • Training Videos
      • Recorded Webinars
    • Business Resources
    • AssessBEST Resources >
      • Training Videos
      • Forms
      • Compliance
    • Enfront Login
  • Blog
  • Quote
  • Contact

The RMD Rescue

2/20/2017

5 Comments

 
Picture
2017 will probably be the year with the most Required Minimum Distributions (RMD's).  2017 brings about RMD's for the oldest baby boomers born at the beginning of this group in 1946. Many of these "boomers" don't even want the money, but they have to take it. This is not only true for boomers, but for many people that have had to receive this money for years.  You see, many of these retirees have that money earmarked to be passed down to others... or to keep in the case of emergencies. So, what to do?

Well, I see so many RMD's coming out of policies. Some say that the average RMD is about $7500. What a wonderful time for review and show them a couple "RMD Rescue" plans. Here’s an example:
 
70 year old female has $7500 coming out of the qualified plan. We then place in a single premium life policy that gives a death benefit of around $13,000. So, we have almost doubled the amount to be passed down, tax free. We also gave a return of premium so there is no pressure  on the client... money is always available.

​Hard to get? Nope – an on-line app, several "knock out” questions, underwriting decision in minutes (yes, minutes not months) and the policy sent in  PDF form the next day. The company is rated excellent by AM Best and offers very strong commissions.
 
Come on, you probably owe your client a review. This is a great opportunity for you and your client. And, this is where you will get referred leads.  
 
Until next time... good selling!
5 Comments
Steven G Smith
2/20/2017 02:28:20 pm

Great idea! What's the company?

Reply
THOMAS E FLOREY link
2/20/2017 03:31:55 pm

I AM INTERESTED

Reply
ERNIE FRANZ
2/20/2017 04:12:52 pm

Like your RMD rescue plan.

Reply
S L Richter
2/20/2017 06:20:58 pm

Love this plan. Good idea for a annual review and will probably open more opportunities as well. So what is the
company and how do I get started?

Reply
Frank Sweetin
2/20/2017 09:36:24 pm

Nice idea- is the carrier doing business in NJ? What is the rating on the company? How long is the surrender. How long is the Chargeback period for any life commissions? Call me.

Reply

Your comment will be posted after it is approved.


Leave a Reply.

    AUTHOR

    Raymond J. Ohllson
    Raymond J. Ohlson, CLU, CRC, LACP
    Ray is President and CEO of The Ohlson Group and SMP International LLC

    Archives

    April 2018
    March 2018
    February 2018
    January 2018
    November 2017
    October 2017
    September 2017
    August 2017
    July 2017
    June 2017
    May 2017
    April 2017
    March 2017
    February 2017
    January 2017
    December 2016
    November 2016
    October 2016
    September 2016
    August 2016
    July 2016
    June 2016
    May 2016
    April 2016
    March 2016
    February 2016
    January 2016
    December 2015
    November 2015
    October 2015
    September 2015
    August 2015
    July 2015
    June 2015
    May 2015
    January 2015

    Categories

    All

    RSS Feed

CONTACT INFORMATION:
11611 N. Meridian Street | Ste 110 | Carmel, IN 46032
Toll-Free: 1-877-844-0900 | Fax: 317-844-4422

Book an appointment now
QUICK LINKS:
Marketing & Tools:
Product Searches
Marketing Programs
Lead Programs
Agent Software
Creative Services
Agent Training:
Training Videos
Recorded Webinars
Agent Guides
White Papers
Members Only:
Online Contracting
Agent Training
Product Training
Safe Money Places Marketing Kit
Business Resources
INFORMATION CONCERNING COPYRIGHT INFRINGEMENT CLAIMS 
The Ohlson Group, Inc. provides links from its website to various third party sites which may enable you to obtain locations and information outside of The Ohlson Group's control. The Ohlson Group, Inc. neither controls nor endorses such other websites, nor have we reviewed or approved any content appearing on them. The Ohlson Group, Inc. does not assume any responsibility or liability for any materials available at these websites, or for the completeness, availability, accuracy, legality or decency of these sites.

CLAIMS OF COPYRIGHT INFRINGEMENT
The Digital Millennium Copyright Act of 1998, as amended, (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that materials we host infringe your copyright, you (or your agent) may send us a notice requesting that we remove the material or block access to it. If you believe in good faith that someone has wrongly filed a notice of copyright infringement against you, the DMCA permits you to send us a counter-notice. Notices and counter-notices must meet the then-current statutory requirements imposed by the DMCA; see http://www.loc.gov/copyright/ for details. Notices and counter-notices should be sent to info@ohlsongroup.com. The Ohlson Group, Inc., (877) 844-0900. We suggest that you consult your legal advisor before filing a notice or counter-notice. Also, please be aware that there are penalties for false claims under the DMCA.

Privacy Policy
​
STAFF LOGIN

Copyright © 2018 The Ohlson Group, Inc. All Right Reserved.
✕