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Fund Employee Perks with Bank Money
Bank Loans That Fund Cash Value Life Insurance
In the competitive world of recruiting, standard benefits like matching 401(k)s, Health Insurance with HSA Accounts and disability benefits may not be enough to secure the talent necessary to take your business to the next level. Professional head hunters seem to agree that unconventional perks like performance bonuses, deferred compensation packages and supplemental retirement plans are necessary to land a big fish for your firm. Even offering extras to maintain the key employees you have may also be necessary to keep them from leaving for a better opportunity.
Business owners and other employers understand the value of unconventional benefits, but cash flow may hinder them from hiring major league players. That’s where leverage comes in. That’s where bank loans can fund mid term cash value life insurance policies that can be repaid through the cash values that are accumulating over a ten year period.
The cash value life insurance policy collateralizes the loan, while the business pays the annual loan interest. Over a ten-year period the odds favor the likelihood of positive policy performance to pay back the loan and fund the extra benefits, generally a supplemental retirement plan. Many banking institutions are now aware of cash value life insurance as a solid collateral product. Most banks carry cash value life insurance on their own books as a valued asset. That should say something of it’s worth in a bank’s portfolio.
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Released On: 12/27/2019
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Establish Your Financial Timeline Based On Approximating Your Life Span
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Released On: 12/26/2019
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You Can’t Make Good Financial Decisions Without Knowing Your Effective Tax Bracket
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Released On: 12/25/2019
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Baby Boomers Must Create a Retirement Budget or Risk Losing Control of their Money
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Released On: 12/24/2019
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Life Has Milestone Events That Have A Financial Impact
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Released On: 12/23/2019
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The Extension of Human Life Expectancy: The Final Frontier of Retirement Planning
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Released On: 12/20/2019
Views: 1790
Longevity Risk is its Own Risk Multiplier of Every Other Retirement Risk
Living longer is exacerbating over a dozen other retirement risks that threaten the vast majority of retirees and those near retirement. If the status quo continues, the retirement lifestyle of most seniors will be severely pared back. Watch the ...
Released On: 12/19/2019
Views: 1830
Almost All Retirement Plans Need Serious Updating in Light of the Mortality Revolution
Most of the retirement plans currently operational have a significant flaw. They’ve grossly underestimated the increase in life expectancy over the last generation. But government and military pensions are in the greater financial jeopardy, becau ...
Released On: 12/18/2019
Views: 1804
Bonds Have Interest Rates, Stocks their Dividends, Annuities Longevity Credits
The law of large numbers and changing demographics of life expectancy is having a significant impact on guaranteed lifetime annuities. Annuity manufacturers are touting their alpha with mortality credits and receiving newfound interest among fina ...
Released On: 12/17/2019
Views: 1821
Shock! The Age Wave is Upon Us and We’re Not Ready
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Released On: 12/16/2019
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Protecting Social Security Benefits from Taxation
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Released On: 12/13/2019
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Collateralized Loans from Cash Value Life Insurance Policies & Home Equity Could Be Tax Free
Collateralized loans are not characterized as income and are not reportable, as such, on your 1040 form. And because these loans are not forms of taxable income, they are not counted for the provisional income test for Social Security taxation. W ...
Released On: 12/12/2019
Views: 1932
Tax Management in Retirement Requires Tax Management During the Contribution Period
Retirement, as it is today, is inherently crippled by taxes. You may very well have one million dollars in your retirement plan, but Uncle Sam may own up to 40% of it. Health Savings Accounts (HSA) and Roth IRAs need to be reconsidered as a first ...
Released On: 12/11/2019
Views: 1735
Taxes in Retirement is the #1 Threat in Retirement Cash Flow
Most American workers don’t comprehend the realities of retirement until they’re a few years from retirement date, which is often too late. They’re just too busy dealing with immediate financial pressures to understand the long-haul consequences ...
Released On: 12/10/2019
Views: 1766
Retirement Facts, Stats and Hacks for the Next Generation
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Released On: 12/9/2019
Views: 1729
Uncle Sam Owns a Chunk of Your Retirement Accounts
Your retirement account is only as big as your tax planning strategy. Your personal exemptions and standard deductions in retirement will not be enough to offset your tax bill. Tax management must be a major component of your retirement plan. Wat ...
Released On: 12/6/2019
Views: 1831
Guaranteed Income You Can’t Outlive Can Mitigate Market & Longevity Risk
If you have longevity in your family, guaranteed income for life is a must consideration. If you think it’s reasonable that medical advances will impact your longevity, then guaranteed income for life may need to be in your retirement plan. Watch ...
Released On: 12/5/2019
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How to Retire Happy
A happy retirement is based on math and science, not on wishful thinking and hoping things turn out right. You need to eliminate debt and risk in retirement and secure reliable income to generate the peace of mind that seniors desire in their gol ...
Released On: 12/4/2019
Views: 1438
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