What if you could design the
perfect Plan to supplement your retirement income?
What features would it have?
Your Search for
the perfect way to supplement your retirement income is over! Imagine a plan that
your business can implement just for you with tax-deductible* payments and it is totally
protected from creditors and lawsuits.***
Best of all it
can provide you with a lifetime of tax-free income** to supplement your retirement.
Sounds to good to be true
doesn't it? Well, the good news is that a Wealth Accumulation Benefit Plan™
does just that. And better yet, it is in total compliance with the Internal Revenue
Code and Treasury Regulations based on our interpretation of recent tax law changes.
Click here for
details of how the Pells Brokerage, Inc.
Wealth Accumulation Benefit Plan ™
can
supplement your retirement income.
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| *The taxpayer should seek specific
guidance from their tax advisors to determine if the Plan payment is deductible as a
business expense. The Wealth Accumulation Benefit Plan TM is not a retirement
plan. It is a plan to provide tax-free supplemental income beginning at a desired
age from an insurance policy. The income is provided by a series of
withdrawals and/or policy loans from an insurance policy. Under current tax law and
if the policy is not a Modified Endowment Contract, policy loans are income tax-free
provided that it remains in force until the death(s) of the insured(s). Withdrawals
from a Non-MEC policy may also be income tax-free up to the cost basis of the policy.
Both policy loans and withdrawals will reduce the cash value and death benefits.
The income is not guaranteed and may be more or less than projected. For
specific details and guarantees, see the complete policy illustration.
***Consult with your legal advisor to determine if life insurance is an exempt asset
under your state law.
****Cash value and death benefit may be affected by early surrender or withdrawal.
There is a cost for the life insurance throughout the policy period and is a
part of the cash value calculation.
This material 1) is not intended to be used by any tax payer for the purpose of
avoiding penalties that may be imposed on the taxpayer; 2) it is written to support the
marketing of the concept addressed by the material: 3) any taxpayer should seek advice
from a independent tax advisor based on the individuals particular circumstances. |
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