Utilizing existing Life Insurance with Cash Value in it - ABS Insurance Group

Utilizing existing Life Insurance with Cash Value in it

If you have a Life Insurance policy with Cash Value inside it, you can execute a 1035 exchange of the Cash to a Fixed Indexed Annuity product

 

Did you realize there is a Financial Product that can 100% guarantee you & your spouse an increasing pension payment for Life?

  • That is what a Fixed Indexed Annuity does
  • After you reach Age 59 ½ you take All or just a Portion of your 401(k), 403(b) or IRA and Rollover that money into a Fixed Indexed Annuity
  • You then wait 5-10 years
  • At the age of your choice, you start receiving annual Pension payments as long as either you or your spouse is still alive
  • Your annual payment increases every year you own it, it can never decrease
  • If you have a Long Term Care medical event, your annual payment automatically doubles for that year and every other year either you or your spouse medically qualifies
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