Executive Compensation Planning

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By Bob Hemmick, Sales Vice President

Reminder that for the high earner, the current Federal Income tax rate is 39.5%.  Add State and Local taxes and we have a marginal tax rate approaching 50%.

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Plan today. Protect tomorrow.

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By Bob Hemmick, Sales Vice President

Life insurance is a powerful financial tool that can be used to meet many needs. Most commonly, life insurance is used to provide a death benefit to help secure your family’s financial future when you are gone.

…How do you protect against an unforeseen illness?

Life Insurance can also provide valuable protection with living benefits as well.
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Can Life Insurance be an effective tool to generate Tax-Free Retirement Income?

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By Bob Hemmick, Sales Vice President

Answer: For some, absolutely!

With the current tax laws regarding cash value build up and for Non-MEC plans, the ability to draw income out tax-free, this provides added leverage in addition to the actual policy performance to make the LIRP (Life Insurance Retirement Plan) a very compelling alternative for many people.
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Risk/Reward Trade-offs With Life Insurance

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By Bob Hemmick, Sales Vice President

Understanding how the different kinds of permanent insurance plans perform can be a challenge to explain to clients.

Plans being considered: W’L’ – Fixed UL – Variable UL & Index UL.
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The Use of Life Insurance in Charitable Giving

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By Thomas Hall, Agency Principal / Advanced Planning Specialist

Life Insurance has Unique Attributes — Gift Amplification


Life insurance has unique attributes that other asset classes do not possess and therefore has the potential to significantly enhance an individual’s charitable giving plan. In addition to the death benefit being tax free, life insurance also offers the opportunity to amplify (multiply) a donor’s gift. Read more »