LTC Funding Option: Using Qualified Dollars

You probably know some clients who have IRAs, 401(k)s or 403(b) accounts.
 
You may not be aware that clients can reposition qualified money into a long-term care policy via direct transfer or rollover. Additionally, the policy can cover both spouses using one qualified account with no ownership issues. 

Of course, you can’t get around paying taxes, but instead of being hit with a big tax bill immediately, we can show you an option to spread out that bill over 10 years. All the while, your client is protected from a long-term care event, and if death occurs prior to receiving benefits, the heirs will receive a death benefit.

Here are some features:

• Long-term care benefits ranging from a pool of dollars lasting 50 months to an unlimited amount lasting a lifetime!
• RMD friendly!
• Fully guaranteed – no additional premium or reduction in benefits!
• Backed by an A+ carrier with years of claim-paying experience!

The ideal client(s) range in age from 59 ½ to 80 and are in average or better health. Do you have any clients that would benefit from a plan like this? I’m sure you do, so let’s talk!

Let's Talk Tax