Insurance solutions are more than the financial safety net that protects your family when death occurs. In addition to a tax free death benefit, life insurance offers living benefits. Permanent insurance and annuities are tax efficient investment vehicles. Permanent life insurance grows tax deferred, and if structured properly can offer a tax exempt cash flow during retirement years. It is also a low cost way to access cash to pay for long term care costs. Annuities grow tax deferred. They can ensure you won't outlive your savings and offer a wide variety of investment selections.
Let Triathlon Partners examine your whole life insurance policy. Too often the initial emotional sales pitch skipped over the high costs & fees, and limiting investment options. Like every investment, permanent life insurance coverage needs re-evaluating. Death benefits need to be right sized for the right price, and the tax advantaged properties of permanent life insurance need to be leveraged. There is a point in time when the financial commitments life insurance was purchased to fund are no longer needed. The focus of your policy should shift to accumulating tax exempt income. The right insurance solution can lower premiums and increase a tax-exempt income stream.
Permanent life insurance is a versatile financial product. Insurance solutions maximize your investment dollar with tax-deferred growth, tax-exempt income and a tax free death benefit. It is a valuable component of a retirement plan, with easily accessible cash value. Permanent life insurance is an asset that is used by companies to retain key employees, provide pension like income to executives and fund buyouts in succession planning. It is a clever way to obtain maximum long term care benefits.
A properly structured permanent life insurance policy can perform like a ROTH IRA, and the government can't dictate who can own one or how much can be invested. Survivorship life insurance is the most efficient way to provide for special needs adults and fund trusts. Life insurance is integral to estate planning as it covers tax liability at a fraction of the future cost. Insurance solutions should be important part of your financial plan.
Long term care insurance is a difficult product landscape to navigate. Triathlon Partners has the expertise to find a policy that meets your objectives. Many policies restrict where you recieve your care, who can provide it, and how much of the cost they will reimburse. While others only require a plan of care by a qualified health professional to receive tax-free cash benefits. Premiums for long term care insurance may be tax-deductible, can be paid from a HSA, or transferred from the cash value of a permanent life insurance policy. Triathlon Partners knows how to maximize your premium dollar to get a policy that matches your long term care needs. It is an integral part of a comphrensive insurance solutions plan
Annuities are a broad product range. But all annuities grow tax-deffered. Just like your 401k, this is an efficient way to invest for retirement. A successful retirement has strong predictable cash flow, with protection against inflation. Annuities can provide lifetime income, ensuring you do not outlive your savings. This is a concern of many, and the reaction is to live a very conservative and underwhelming retirement. Some annuities are similiar to CDs, with the added benefit of deferring taxes, while others offer protection against declining markets. Annuities are an integral part of a comprehensive insurance solutions plan