make the most of your retirement account for you and for those you care about most…
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The STRETCH IRA Plus. Make the most of your Retirement Account for you and for those you care about most…. Source: Investment Company Institute. The STRETCH IRA Plus. Goals:. Substantially reduce the taxes you are currently paying on your retirement account. - PowerPoint PPT PresentationTRANSCRIPT
Make the most of your Retirement Account for you and for those you care about most…
The STRETCH IRA PlusThe STRETCH IRA Plus
Source: Investment Company Institute
Goals:
Substantially reduce the taxes you are currently paying on your retirement account.
Dramatically increase the value of your retirement account so that the money is there when you really need it.
Ultimately leave 2 to 3 times as much to your children or 3 to 4 times as much to your grandchildren.
Plus Leveraging your required minimum distributions for maximum wealth transfer on an income tax-free basis.
The STRETCH IRA PlusThe STRETCH IRA Plus
Interest rate: 5.25%
Owner Age: 72
Spouse Age: 70
Beneficiaries:Son, age 40 (50%)
Grandson, age 10 (50%)
Current IRA Account Value:
$100,000
The STRETCH IRAThe STRETCH IRASample Stretch IRA
$100,000 IRA Value
Assuming normal life expectancies:
Total distributed to Owner & Spouse: $115,009
Total distributed to 40 year old son: $ 83,093
Total distributed to 10 year old grandson: $213,416
The STRETCH IRAThe STRETCH IRASample Stretch IRA
Initial IRA
Value
$100,000
Total potential distribution utilizing the STRETCH IRA
concept:
$ 411,518
The STRETCH IRAThe STRETCH IRASample Stretch IRA
Initial IRA
Value
$100,000
The Plus strategy utilizes required distributions to lock in an additional benefit that increases wealth income-tax free:
$ 411,518
The STRETCH IRA PlusThe STRETCH IRA Plus $
The Stretch IRA Plus can defuse it!
Some experts refer to the IRA as a tax time bomb…
Some experts refer to the IRA as a tax time bomb…
This is NOT legal or tax advice or other professional service. If legal or tax advice or other expert assistance is required, the services of a competent professional person should be sought
IRA
Required
Distributions
$
Defusing the tax time bomb…Defusing the tax time bomb…
Defusing the tax time bomb…Defusing the tax time bomb…
A life plan can immediately increase the overall estate value.
Defusing the tax time bomb…Defusing the tax time bomb…
A life plan can lock in this value on a guaranteed basis while protecting the asset from unnecessary taxation.
What makes Life Insurance Federal Income Tax Free?
“Life insurance proceeds paid to you because of the death of the insured person are not taxable…”
The STRETCH IRA
PlusThe STRETCH IRA
Plus
Defusing the tax time bomb…Defusing the tax time bomb…
These increased values can be completely protected from market risk.
Defusing the tax time bomb…Defusing the tax time bomb…
Properly structured, a life policy can also avoid the costs and delays associated with probate.
Back to Our $100,000 IRA Example
Assuming normal life expectancies:
Total distributed to Owner & Spouse: $115,009
After Taxes This is Actually Worth: $86,256 *
* Assumes 25% state and federal taxes
The STRETCH IRA PlusThe STRETCH IRA Plus
$153,261
Income Tax-Free*
Defusing the tax time bomb…
Defusing the tax time bomb…
$3,125.00
$3,275.74
$3,433.24
$3,597.70
$3,769.37
$3,929.83
$4,115.78
$4,287.42
$4,464.26
$4,646.13
$4,832.86
$5,024.17
$5,219.70
$5,382.38
$5,544.42
$5,165.22
$5,320.72
$5,474.68
$5,625.99
$5,773.32
IRA Required Minimum
Distributions
*Life insurance proceeds are generally federal income tax-free.
*Life insurance proceeds are generally federal income tax-free.
Total distributed to Son: $ 83,093
Total distributed to Grandson: $213,416
The STRETCH IRA PlusThe STRETCH IRA PlusIRA
Distributions to Heirs
$449,218 Total Value34% Income Tax-Free!
PlusPlus $153,261
Income Tax-Free*
What can the Plus concept do for you?• Immediately increase the value of your assets.• Increased values can be fully guaranteed.• Increased values are free from market risk.• Generally exempt from federal income taxes.• Available cash for unexpected emergencies.• No probate costs if properly structured.• Proceeds transfer rapidly; no delays.• Unlike a will, properly designated beneficiaries
cannot be contested.
The STRETCH IRA PlusThe STRETCH IRA Plus
Defusing the tax time bombDefusing the tax time bombAct Now:
This is NOT legal or tax advice or other professional service. If legal or tax advice or other expert assistance is required, the services of a competent professional person should be sought
We are here to make the process simple for you!
1. Do you want to reduce your taxes on your IRA?
2. Do you want to continue tax-deferred accumulation for as long as possible?
3. Do you want to guarantee income tax-free benefits to your heirs?
4. Could your heirs benefit from this concept?
5. We can help you structure a safe, prudent, and powerful Stretch IRA
Plus for you and your family.