Life insurance provides valuable death benefit protection, however it can also offer added flexibility when used as a supplemental cash flow tool.
Life Insurance in Retirement Planning
A Properly Designed Life Insurance Policy Can Provide:
Income tax-free death benefit protection
Tax advantaged cash value growth potential
Supplemental retirement cash flow, through tax advantaged withdrawals and/or loans
Where does Cash Value Life Insurance fit?
Clients who need a retirement vehicle with downside protection
High income individuals looking to minimize taxation on earnings
For those who have maximized funding on qualified/non-qualified plans
An Insurance Solution
Death benefit protection during the accumulation years
Accessible cash value during retirement years
Life insurance becomes an income producing asset in the retirement portfolio
How it Works
Apply for a permanent life insurance policy using Indexed Universal Life (IUL) or Variable Universal Life (VUL)
Based on cash value performance, the policy will grow on a tax-deferred basis
Distributions can be withdrawn/loaned for any purpose
Additional Benefits Created
Provide additional income to pay for your child’s college expenses
Help supplement a gap in retirement before social security begins
Create a steady cash flow after life expectancy once all other assets have been depleted
Listed below are the advantages of using cash value life insurance in everyday retirement planning
Our Strategies
Contact Us
Simplicity BKA Financial
Privacy Policy
Social Media
FOR FINANCIAL PROFESSIONAL USE ONLY. NOT FOR PUBLIC DISTRIBUTION.
BKA Financial, a Simplicity Company, is an insurance producer and does not provide legal, tax, or investment advice. SEC/State registration does not imply a specific level of skill or endorsement by regulators. All investing involves risk and loss of principal; no strategy guarantees profit. Insurance guarantees are subject to the claims-paying ability of the issuing carrier.
© Simplicity Group - All Rights Reserved. SWG#5483906-0526