Description

Life insurance is not just for estate planning anymore. With the recent increase in both federal and state income tax rates, and the imposition of the Medicare surtax, clients are losing much more of their investment return to income taxes. It’s not what you make, it’s what you keep! The search for tax-efficient investing is on and, yes, the income tax benefits of building cash inside a life insurance policy may be a solution. Attendees will:
• Learn how to invest tax efficiently using life insurance for goals such as education or retirement
• Understand the advantages and disadvantages of this strategy
• Review the relevant sections of the Internal Revenue Code to gain confidence in considering this strategy
• Learn how to help clients better understand what is being presented to them, ranging from carrier selection, product type, policy structure, pricing and most importantly, necessary annual monitoring

Speaker(s):

• Susan J. Bruno, CPA/PFS, CFP, Managing Director, Beacon Wealth Consulting South