Qualified Money Funds LTC

You probably know some people with IRAs, 401(k)s, or 403(b)s – right?


Qualified dollars have their issues 

  • You can’t avoid eventually paying taxes on pre-tax money that grows tax-deferred.
  • Required Minimum Distributions (RMDs): Money needs to be taken out beginning at 72, whether your client wants it or not.
  • When qualified money passes to heirs at death, it is taxed at the heir’s current tax rate.

Register for my webinar on March 5 at 11 am eastern where I explain how to Use Qualified Money Funds for LTC

Our solution

  • Reposition qualified money into Asset Care Annuity Funding Whole Life via direct transfer or rollover.
  • The income base is credited with up to a 20% bonus.
  • Annual distributions fund a 10-pay whole life policy that can be used for qualifying long-term care.
  • LTC benefits can be payable for the lifetime of both insureds.
  • The death benefit passes to heirs at death generally tax-free.

Even better

  • Qualified money is reserved for LTC expenses — no need for your clients to deplete their portfolios at an inopportune time.
  • Cover both spouses using one qualified account with no ownership issues.
  • Annual distributions over 10 years count toward satisfying RMDs.
  • Death benefit can help offset taxes owned on other legacy funds left to heirs.

Learn more … join my webinar on March 5 at 11 am eastern where I explain how Qualified Money Funds LTC

If you have an immediate question, please contact Justin Fox at (844) 658-3725 or via email at justinfox.isp@oneamerica.com.  Of course, I can be reached via text or phone at (678) 512-9627 and via email at kevin.fisher@oneamerica.com


Comments are closed.

Create a website or blog at WordPress.com

Up ↑

%d bloggers like this: