Indexed Annuity Care
-
Maximizing Your Annuity Concept
Last week , I set the table for this part of the conversation about maximizing your annuity. Please, take a minute to refresh your memory of the opportunity. This is not a MYGA or rate chasing strategy, but a strategy where we are able to transform taxable gain into tax free income if it is… Continue reading
-
Maximizing Your Annuity
I’ve been riding this topic hard for the last few months and for a good reason! One of the best funding sources for long term care comes from nonqualified deferred annuities! And, with the unofficial start of summer a few days ago, we all know that now is not the time to take the foot… Continue reading
-
Benefit of a Cap to Self-funding
Last week’s Fridays with Fisher was about a strategy to cap the risk that a self-funding strategy presents. A lot of people reached out to me and told me that they did not like it. I hear what you say and understand why. One thing that I believe that many people did not pick up… Continue reading
-
Self-funding Cap
Last week, I started a conversation about self-funding a long term care and I shared a few examples of potential future costs. As a reminder, OneAmerica offers an Interactive Cost of Care Map that can help you find the cost of care anywhere in the country. It’s a great tool to have on your mobile… Continue reading
-
Self-funding Consider the Costs
There are lots of perspectives about long term care and how to pay for it. An insurance-based strategy is the most cost efficient method regardless of what someone’s net worth. Unfortunately, many people make the decision to self-fund their long term care. This week, let’s use some numbers to compare the scenarios. I am going… Continue reading
-
Why? Annuities for LTC … Why Not?
I came across some interesting data a short time ago about annuity based long term care plans. Inside an article discussing “long term care annuities”, the following data from LIMRA was shared. According to the most recent sales data from LIMRA, stand-alone long-term care insurance sales declined 60% between 2012 and 2016, while sales of… Continue reading
-
An Old Idea – Split Annuity
We have been on the tax-deferred to tax-free for LTC train for the past few weeks. It all started with our March episode of Coffee Break. If you have not seen that episode yet, please take a moment. I am sure that you’ll get a nugget or two of information from it. Remember, a new… Continue reading
-
Does It Qualify
A couple of weeks ago on Coffee Break, we shared information about Annuity Care and, in last week’s Fridays with Fisher, I talked about the segment of the tax-code that creates the tax-free benefits offered by Annuity Care. One thing that I often hear is “XYZ indexed annuity includes long term care benefits”. As I… Continue reading
-
September 21 – CSU in Mt. Laurel
If you happen to be in the Mt. Laurel area on September 21, I am hosting what we are calling our “Regional” Care Solutions University. Space is limited and registration is required. The agenda is pretty simple – over the course of the morning, we will focus on the OneAmerica Care Solutions products, sales ideas,… Continue reading
-
Indexed Annuity Care Compare
Yesterday, Michael Florio and I hosted a meeting at The Hartford Club where we focused exclusively on the Indexed Annuity Care product. A reminder, in Connecticut, it is the only PPA compliant deferred annuity; nationally, it is the only PPA compliant fixed indexed annuity. What that means is – when benefits are paid from the… Continue reading
-
Indexed Annuity Care
Alright – it’s time for me to demand your attention. I’ve been polite long enough and people just are not listening. Your annuity clients are sitting on a long term care time bomb if they are planning to use their annuity money as a funding source. It is a fact – according to a Gallup… Continue reading
-
Underwriting Rated Cases
Last week, I made a bold statement that EVERYONE wants the “layup” business where the clients are in good health and can be moved through underwriting based upon a phone interview. It’s true – anyone can do that. What is also true is that OneAmerica chooses to offer solutions to more people because OneAmerica is… Continue reading
Fridays with Fisher 
You must be logged in to post a comment.