…Custom Solutions for the Affluent

Life insurance, as you know, provides valuable death benefit protection. What many people may not realize is that life insurance can provide additional value when used as a supplemental retirement tool to reduce your taxes in retirement.

Life Insurance in Retirement Planning

A properly designed life insurance policy can provide a tax-free income source in retirement, along with a tax-free death benefit.  For high income individuals who have maximized funding of existing qualified/non-qualified plans, a policy can reduce current portfolio taxes and reduce overall taxable income in retirement.  A properly designed policy should be minimizing the death benefit cost to keep the fees to a minimum and focus on the growth of the account value.