learn the advantages of tax–free retirement? · 2012-12-16 · - $$$ tax free retirement income -...

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Learn the Advantages ofTax–Free Retirement?

An Educational Workshop

A Discussion of ARetirement vehicle,Saving taxes and makingthe most of your money.

Presented by: Jim Grazioli - President

Comprehensive Financial Group Inc.

Financial Service Professional – 21 Yrs.

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© Asset Protectors & Advisors Group

© Asset Protectors & Advisors Group

There are only two ways tocombat the growing debt…

1. Spend Less

2. Tax More

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Are we spending less as agovernment?

We are spending morethan we ever have in the

history of our country.

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So the only solution seemsto be…

Higher TAXES

12/16/2012 7

1. ARE FEDERALINCOME TAX RATESCURRENTLY HIGHOR LOW?

Answer: Low (The 4th Lowest in U.S.

History) See next slide.

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12/16/2012 9

WHAT TAX RATE WILLYOU PAY WHEN YOURETIRE?

Are you CreatingRetirement Tax FreeIncome?

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How important is Tax-Free? The following example will illustrate the

beauty and magic of tax–free growth

Which would you choose to pay taxes on?

The seed or the full grown tree?

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Whose Retirement are wereally planning?

Ours orUncle Sam’s?

12/16/2012 12

Have you prepared anykind of an exit strategy?

YOU HAVE QUALIFIED PLANS:

Traditional IRA- No Tax Control

401K – No Tax Control

SEP – No Tax Control

SIMPLE IRA – No Tax Control

403B – No Tax Control

Go to the next slide for the TaxFree Retirement Answer!

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The Solution:A Properly Structured Cash Value

Indexed Universal Life Insurance Policy

MAXIMUM

Cash Value

MINIMUMTerm Insurance

(No Cash Value)

Earn Competitive Interest(13% Annual Cap – 1% Minimum)

Tax Deferred GrowthTax–Free Withdrawals

Liquidity, Use & ControlCreditor Proof

Minimum GuaranteesDisability Waiver

Estate Tax Advantages

Earn Competitive Interest(13% Annual Cap – 1% Minimum)

Tax Deferred GrowthTax–Free Withdrawals

Liquidity, Use & ControlCreditor Proof

Minimum GuaranteesDisability Waiver

Estate Tax Advantages

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Why is this Product Tax Favored?Section 72(e) and 7702

The most unique feature of permanent life insuranceis that under Section 72(e) and 7702 of the InternalRevenue Code the accumulation of cash inside theinsurance contract is tax advantaged. Not only canthe cash value accumulate tax free, but the cash canalso be ACCESSED TAX FREE VIA POLICY LOANS, and isNOT CONSIDERED A DISTRIBUTION OF INCOME!

Hence, the beauty and magic of life insurance: It is aunique vehicle that allows TAX FREE ACCOUNT VALUEACCUMULATION, ALLOWS YOU TO ACCESS YOURMONEY TAX FREE, and, WHEN YOU DIE, The DeathBenefit is Paid INCOME TAX FREE to your Beneficiary!

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Indexed Universal Life Policy GOALS:

- Have a potentialfor Annual IndexInterest up to TheCeiling 13% withoutrisk of principal

- Create Your OwnBank with the Useof Cash Value

- $$$ Tax FreeRetirement Income

- Income Tax FreeDeath Benefit

Ceiling 13.00%From Annual Index

Returns

Floor 1.00%Never a Market Loss

“CAP”

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Case Study:

45 Year Old Male

$500 ContributionPer Month for 20 Years

$184,434 Cash Value at Age 65*

*Assuming an Annual average Index Rate of Return of 7.00% With a Cap of13% Per Year & 1% Minimum (Actual 30 Year Average Rate = 8.05%)

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© Asset Protectors & Advisors Group

© Asset Protectors & Advisors Group

Read This Disclaimer

Disclaimer: Previous Illustration isbased on a 7% average return and notguaranteed. Actual 30 Year AverageRate of Return is 8.05%

Full Illustration will be Provided

To Summarize:The Benefits

1. Cash value at age 65 - $184,434*

2. Ability To Use Your Cash Value During Accumulation for:

Large Item Purchases, Education, Business Expansions

3. Income Tax Free Death Benefit - $336,383** From Day 1

* Assuming 7% Annual Average Return (Actual Annual Return – 8.05%) with a 13% Cap and 1% Floor

** Assuming a 45 Year Old Male Preferred Plus and Subject to Underwriting

10/24/2012 20

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What to look for when selectingan Insurance Company

Solvency (Assets over Liabilities to meet allobligations)

Liquid Assets (To meet unforeseen emergencycash requirements that may arise)

Capital & Surplus to Assets (Capital &surplus divided by total assets)

AM Best Rating (Performance in InvestmentQuality, Policy Reserves, Cost Control, ManagementExperience)

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© Asset Protectors & Advisors Group

© Asset Protectors & Advisors Group

Remember the Nature of

Procrastination

People Don’t Plan to Fail

They Fail to Plan

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