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