Asset Care… Asset Care & Executive Bonus 13 Dec 2019December 12, 2019 A Controlled Executive Bonus Plan — also known as a Restrictive Bonus or Section 162 plan — is an agreement that typically allows employers to use tax deductible money as…
2017 CSO Launch… Asset Care Recap of Highlights 6 Dec 2019December 10, 2019 Since the roll out of our new Asset Care products over the summer, many of our current producers have been pleased by the new opportunities that have been created. Here…
Annuity Care… E-Application Advantage 8 Nov 2019November 5, 2019 On thing that we’ve found is that submitting business using electronic application (eApp) has provided advisors with a few advantages. Along with the an assurance that an application submitted electronically…
Care Solutions… Self-Insure = Risk Retention 18 Oct 2019October 14, 2019 According to The Motley Fool in an article from February 24, 2018, the average retirement lasts for 18 years and begins at age 63. While the article is focused on…
Annuity Care… Funding Sources – The Question 11 Oct 2019October 3, 2019 52% of people age 65 will need some form of long term care? This number still indicates that there is a significant risk that an extended healthcare event will occur…
Annuity Care… A Little Pool Anyone? 20 Sep 2019August 22, 2019 Here we go again – the discussion of addressing the extended healthcare (aka long term care) funding issue. For many, self-funding ends up being the answer. By default or by…
Care Solutions… Focus on the Boom 13 Sep 2019August 21, 2019 Expanding on last week’s thoughts where I shared my frustration with our industry’s thirst for younger policy holders, I want to turn the focus from my cohort of “Generation X”…
Annuity Care… Q&A – Funding Sources 6 Sep 2019August 18, 2019 Question: Do you have anything that outlines all of the ways to pay premiums for Asset Care and/or Annuity Care? Answer: We certainly do. The piece is a concise graph…
Care Solutions… A Burr Under the Saddle 6 Sep 2019August 19, 2019 I have a burr under my saddle. Actually, I have several but this one bugs the heck out of me. The long term care industry continues to move their sales…
Asset Care… Qualified Money for LTC 30 Aug 2019August 22, 2019 Earlier this week, an advisor (we will call him Andy) called me with an interesting question. It went something like this: “I have a client – a single man who…
2017 CSO Launch… Asset Care Return of Premium 23 Aug 2019August 12, 2019 Live, Die, Quit – that has been the mantra for asset-based / linked benefit / hybrid Long Term Care solutions since their inception three decades ago. (Have I mentioned that…
Asset Care… Q&A – Qualified Money Funding – 457 23 Aug 2019August 12, 2019 Question: Can a 457 plan be used in conjunction with Asset Care funding with qualified money? Answer: There are two types of 457 arrangements. One is a governmental 457(b) which can…
