by shavonnet » Fri Jul 17, 2009 10:05 pm i need some life insurance for my salf Total Comments: 2 Posted: Sat Jul 18, 2009 07:18 am Post Subject: Hi Shavonnet, Have you talked to any life agent about it? The following link would take you to a discussion on similar topic. Check if it helps you too. http://www.ampminsure.org/life/reasonable-premium-policy.html ~ Jeremy Posted: Sat Jul 18, 2009 01:55 pm Post Subject: Option 1: Client put money into a CD paying 5% for the next 6 years. In 6 years account value will be $268,019. heirs will receive $268,019 - (68,019 * .33) = $245,562 Option 2: From other posts: By a single premium Life policy for 200k. This will buy her a 265k paid up policy. Appon dealth heirs will receive $265k Option 3: Buy a SPIA with a life time payout option generating $28,824 a year for life with a 100% exclusion ratio. this will generate (after tax) Add your comment Your Comment What code is in the image? Enter the characters shown in the image. Get new captcha!
Posted: Sat Jul 18, 2009 07:18 am Post Subject: Hi Shavonnet, Have you talked to any life agent about it? The following link would take you to a discussion on similar topic. Check if it helps you too. http://www.ampminsure.org/life/reasonable-premium-policy.html ~ Jeremy
Posted: Sat Jul 18, 2009 01:55 pm Post Subject: Option 1: Client put money into a CD paying 5% for the next 6 years. In 6 years account value will be $268,019. heirs will receive $268,019 - (68,019 * .33) = $245,562 Option 2: From other posts: By a single premium Life policy for 200k. This will buy her a 265k paid up policy. Appon dealth heirs will receive $265k Option 3: Buy a SPIA with a life time payout option generating $28,824 a year for life with a 100% exclusion ratio. this will generate (after tax)
Posted: Sat Jul 18, 2009 07:18 am Post Subject:
Hi Shavonnet,
Have you talked to any life agent about it?
The following link would take you to a discussion on similar topic. Check if it helps you too.
http://www.ampminsure.org/life/reasonable-premium-policy.html
~ Jeremy
Posted: Sat Jul 18, 2009 01:55 pm Post Subject:
Option 1:
Client put money into a CD paying 5% for the next 6 years.
In 6 years account value will be $268,019. heirs will receive $268,019 - (68,019 * .33) = $245,562
Option 2:
From other posts:
By a single premium Life policy for 200k.
This will buy her a 265k paid up policy.
Appon dealth heirs will receive $265k
Option 3:
Buy a SPIA with a life time payout option generating $28,824 a year for life with a 100% exclusion ratio. this will generate (after tax)
Add your comment