Offset Future Tax Uncertainty

As more potential changes in the tax code arise, no one can predict what one will face when they retire. Since many retirement assets generate a tax bill, taxes can undermine your clients' plans and leave them with less than they expect. Fortunately, in addition to a typically federal income tax-free death benefit, life insurance can help. If a policy accumulates enough cash value, taking a one-time loan or withdrawal from it can supplement retirement income. 

Life insurance with cash value growth potential can be a valuable tool for taking control of taxes in retirement by harnessing the power of its tax benefits! Help your clients understand how their assets will be taxed in retirement, and the importance of tax diversification. 

This interactive Tax Challenge Tool from Prudential Financial can help them keep more of their hard-earned money by managing how their retirement assets are taxed. Share this client-approved experience to see how client’s portfolio’s stack up.

This information is provided for educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment or tax advice and is not a recommendation about managing or investing retirement savings.

Review and Grow in 2022

Do you want to reinforce your value and grow your practice in 2022? Research continues to prove that policy reviews are an excellent way for advisors to connect with clients, yet many are not making the most of this valuable opportunity.

80% of clients find annual review meetings to be very effective, and almost all say it strengthens loyalty to their advisor. Four in five clients report the review meetings reinforce their willingness to make a referral.

64 million Americans are looking for an advisor they can trust. If you want to strengthen and grow your practice this year, diversify your business plan and your clients’ portfolios with life insurance. A policy review discussion is the perfect segue to other topics and more sales opportunities. 

Identify clients who are likely to have in-force life insurance policies or simply ask if they own life insurance beyond what their employer provides. Ask them if their life insurance still reflects their current protection needs and financial goals? 

Set yourself apart from the competition by emphasizing the unique value a policy review provides. We have the tools to help you get started and ensure your reviews live up to your clients' expectations. Check out our policy review resources here. 

The future is filled with opportunity and we are committed to your success. Contact your MVP Financial representative with any questions or assistance you need.