Annuity Maximization - At a Glance |
| Concept |
Annuity Maximization is a simple wealth-transfer strategy that can leverage annuity dollars to fund a tax-efficient life insurance policy. (This strategy is also known by other names such as Legacy Max, Annuity Life Enhancer, or simply “Wealth Transfer Strategy.”) |
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Reasons to
Present |
- Close to two-thirds (64%) of non-qualified annuity owners have not withdrawn money from their annuity and are not receiving a regular periodic payment.1
- Can provide a way for clients to protect the value of assets not needed for retirement income
- Can provide tax-free benefits to loved ones or to a favorite charity
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Target Market |
- A potential prospect is a client with a large tax-deferred annuity that will not be needed for retirement income. |
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Potential Client
Benefits |
- Reduce or eliminate income and estate taxes on assets transferred to beneficiaries
- Potentially protect value of assets transferred to beneficiaries
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Marketing
Materials
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- Wealth Transfer Planning (Mutual of Omaha)
- Planning Solutions (ING)
- Comparisons of Nonqualified Annuity and Legacy Max (ING)
- Sample Annuity Maximization Strategy Consumer Preapproach Letter (Transamerica)
- Annuity Maximization Strategy Consumer Brochure (Transamerica)
- RMD Consumer Piece
- Consumer PowerPoint
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