Total Financial Planning
Investors need to rely upon someone who will strive to transform challenges into opportunities. I utilize up-to-date financial management tools and the seasoned planning skills I developed during 20 years in the industry to help my clients as we work together to work toward meeting their financial goals. Please call me for a complimentary consultation.
Guarantees are backed by claims-paying ability of the issuing insurance company. The primary reason to purchase a life insurance product is the death benefit. Policy loans and withdrawals may create an adverse tax result in the event of a lapse or policy surrender, and will reduce both the cash value and death benefit. If a policy is over funded and becomes a MEC contract, the contract's earnings will be taxed as ordinary income at withdrawal, and may be subject to a 10% penalty if withdrawn before age 59 1/2.