Life Insurance

With whom do you want to leave your money

Presented by Gary Peterson If given the choice, to whom would your clients want to leave their money: 1.  Loved Ones 2.  Charity 3.  The Government With your assistance, your clients could potentially leave all of their money to all other than the government. Use the RMD from their IRA or qualified plan to purchase life insurance that will pay the taxes to Uncle Sam and leave their assets for their kids or charity. Here is a hypothetical example: Client has a $500,000 IRA. Upon death, taxes and costs could amount to $200,000. Purchase a Survivorship life insurance policy for $200,000 with the RMD. The children can use the benefit to pay the taxes and have the $500,000 to liquidate to continue tax deferral as long as possible. Better yet, use the RMD and purchase a $500,000 policy and make the beneficiary of the IRA a charity. If done properly, all of the funds ($1 Million) would be received income tax free. Contact your life marketer at 800-397-9999 for more details.
Bulletins

Fidelity & Guaranty – New Enhanced Death Benefit

Important Updates
New Enhanced Death Benefit – Now Available with FG Retirement Pro Effective immediately, FG Retirement Pro fixed indexed annuity offers two death benefit options. It offers the traditional base annuity death benefit or the NEW Enhanced Death Benefit (EDB). The new EDB is available with no explicit fee. It gives your client’s family and loved ones the flexibility to pick the best option for them! FIND OUT MORE
Join us for our upcoming webinars on how to most successfully use the Retirement Pro illustrations. August 19, 2016 –  To register, click here.
August 25, 2016 –  To register, click here.
Effective Immediately, FGL Updates EGMWB Roll-Up Rates, Vesting Premium Bonus, Cap Rates and Spreads Effective today, Fidelity & Guaranty Life has revised the Enhanced Guaranteed Minimum Withdrawal (EGMWB) roll-up rate for the Prosperity Elite Series and Safe Income Plus FIAs. The vesting premium bonus for Prosperity Elite 10 and Safe Income Plus has changed, as well as cap rates and spreads across our FIA portfolio, with the exception of the FG Retirement Pro product.