with L. I. F. E.
Are you looking to take more control of you financial situation?
Are you searching for more innovative ways to create wealth versus traditional investing? Whether saving for college, a new house, a new car, or retirement, the Lifetime Individualized Financial Enjoyment Plan may be right for you. Prevail has developed a program that is unique for investors who think outside the box, want to have more control over their future, and don’t want to be beholding to the volatility of the stock market. Not only does the LIFE Plan provide valuable benefits and protections, it can be customized to meet your individual needs. RISE ABOVE!
Plan Benefits Include:
Tax-Free Supplemental Retirement Income
Traditional tax-deferred investments operate best when current tax rates are high and the possibility of them falling is strong. In today’s market, that scenario is reversed. Tax rates are at historically low levels and, given our current national debt and commitments to entitlement programs, there is very good reason to believe taxes will rise in the future. This plan provides for retirement income that is tax-free with no required minimum distribution or early withdrawal penalty.
Accelerated Death Benefit
The LIFE Plan also contains an accelerated death benefit rider to help shield your family from the high cost of long-term care (LTC) should you find yourself in need of such services.
Benefits Now, Later and Beyond
This unique investment vehicle comes with the ability to borrow against it, penalty free, whenever the need arises. Plus, it is structured so that, when repaid in full, the principal amount continues to grow as if the loan was never taken. You are not penalized when using your cash value.
Leave a Legacy
This plan provides the opportunity to build something that will continue to provide for your family when you’re no longer able. Or, you may choose to leave a sizeable gift to an organization or cause that is important to you. No matter how you create your legacy, this program will benefi t you and those you care about for years to come.
Develop Your Vision Develop Custom Strategies Build Wealth Benefits of Using Whole Life as a Funding Chassis:
1. Tax-deferred growth
2. Tax-free retirement income stream
3. Death benefit payable to your heirs (tax-free)
4. Liquidity (based on your employer agreement)
5. Not reportable on FASFA
6. Does not impact grants or scholarships
7. Can be used for college funding
8. No market volatility
9. No risk of future tax-rate increase
Important Information
The scenarios compared above are hypothetical and are for illustration purposes only. They do not provide any guarantee or promise of specifi c rate of return,growth, or return of initial capital. Investments, including life insurance, have a potential for loss. The investment scenario assumes a $20,000 annual deposit over a ten-year period invested into the Vanguard Bal-anced Index Fund (VBINX) utilizing Vanguard stated returns from 1/1/2000 – 12/31/2009. The scenario also considers expenses of 1% for management and fees in additional to paying capital gains taxes of 20% when necessary with losses carried forward and applied at current tax policy assumptions. The life insurance example is provided by New York Life Insurance Company using a 45-year-old male with a preferred underwriting classifi cation in the state of Missouri. The illustration assumes current crediting and dividend rates continue through the duration of the policy. Dividend rates and policy loan interest rates are subject to change and are not guaranteed. Retirement income shown for the investment account assumes the account doubled from 12/31/2009 to 1/1/2020 and a 4% withdrawal rate annually is pulled from the balance starting 1/1/2020 for 15 years. The remaining balance in the investment account and the life insur-ance policy are the values as of the day before the client turns age 82. The retirement cash fl ow shown with the “LIFE Plan” is tax-free utilizing policy loans from cash value. Please refer to the actual illustrations for specifi c details and consult your tax and legal professionals before making a final decision. Prevail Strategies, LLC nor JA-DEL, INC. or its affiliates warrant or make guarantees that an employees’ actual program will perform with a positive rate of return or as illustrated above as investments contain risk and are unpredictable.