Sales Strategies
72t – Substantially Equal Periodic Payments – IRC – Internal Revenue Code
72t – Substantially Equal Periodic Payments – IRC – Internal Revenue Code 2007 0910 – FINRA – Remarks at the SEC Seniors Summit, Mary L. Schapiro, Chief Executive Officer – [link] The second new sweep targets deceptive early retirement seminars, often relying on IRS Regulation 72t, which permits early withdrawal from a retirement account without the…
Read MoreLife Insurance as IRA’s
Life Insurance as IRA’s (p19) – Senator Wayne ALLARD (R-CO). The other thing, when they came in and marketed, I assume they approached the soldiers pretty much as this was a savings mechanism, a financial investment. Was this in relation to IRA accounts or was it Keogh plans, or how were they structuring the sales…
Read MorePremium Financing
Financed Premiums 2011 0629 – Forbes – Wild Pitch, by Deborah L. Jacobs – [link] Merill Lynch, Pacific Life, Minnesota Mutual [Lawsuits] 2024 0418 – The Granddaddy of All Premium Finance Litigation, by Larry J. Rybka, Chairman and CEO at Valmark Financial Group – [link] Stephen C. Baker recently posted about a mega premium finance case…
Read MoreCharity Owned Life Insurance
Charity Owned Life Insurance 2003 1202 – Letter – Anonymous Writer Criticizes Charity-Owned Life Insurance Anonymous to Susan Brown Associate Tax Legislative Counsel, Office of Tax Policy, U.S. Department of the Treasury pgdc.com/pgdc/story/anonymous-writer-criticizes-charity-owned-life-insurance 2010 – GOV (DOTT-Department of the Treasury) – Report to Congress on Charity-Owned Life Insurance – 39p 2010 – LC – OSU,…
Read MoreTax-Free Retirement
Tax-Free Retirement 1982 – Book – Doug Andrew – Book – LASER Fund, by Doug Andrew Patrick Kelly 2007 / 2017 – Book – Tax-Free Retirement, by Patrick Kelly The Retirement Miracle – No Audiobook (2021 0111) 20 min – youtube.com/watch?v=DAci4bLQNVI&t=74s 15 min – youtube.com/watch?v=t_OPstyLnzU David McKnight Ed Slott Ed Slott IUL Tax Free Retirement -…
Read MoreLIRP – Life Insurance Retirement Plan
LIRP – Life Insurance Retirement Plan LIRP Life Insurance Retirement Plan Life Insurance Retirement Planning Life Insurance in Retirement Planning SLIRP ESLIRP – Executive Supplemental Life Insurance Retirement Plan 199xs – Metlife – legal case – Nurses LC – Walker v Life Insurance Company of the Southwest — [BonkNote] Doug Andrew LASER Fund David McKnight 2012…
Read MoreLife Insurance as an Investment
Life Insurance as an Investment The term “investment-life-insurance policy” is used here to represent policies that have a large “cash-surrender value” throughout most of the period they cover, such as limited-payment life policies and endowment policies. 1928 – AP – The Investment Element in Life-Insurance Contracts, S. H. Nerlove – 22p 2020 – NAIC LIIIWG…
Read MoreDIY – Do It Yourself
DIY – Do It Yourself 28 Oct 1981, Wed Journal and Courier (Lafayette, Indiana) Newspapers.com In fact, it is accurate to describe Universal Life as a generalized version of the actuarial formulas underlying traditional life insurance products. In other words, it is possible to produce any traditional plan of insurance from the generalized formulas underlying…
Read MoreBTID – Buy Term Invest the Difference
BTID – Buy Term and Invest the Difference Term Life Insurance A. L. Williams, Term-ites, Universal Life Insurance In the last two years a new product has surfaced – combining the buy term and invest the rest into one product which is tax sheltered from the buyer’s point of view. This product is the so-called…
Read MoreSingle Premium Life Insurance
Single Premium Life Insurance SPL – Single Premium Life SPWL – Single Premium Whole Life 1988 0315 – GOV (House) – Investment Uses of Life Insurance, Charles Rangel (D-NY) [PDF-257p-GooglePlay, VIDEO-?] 1988 0325 – GOV (Senate) – Tax Treatment of Single-Premium Life Insurance, Max Baucus, (D-MT) — [BonkNote] LIRP – Life Insurance Retirement Plan In the…
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