Leveraging Large IRAs: Three Wins for Clients, Heirs, and Financial Professionals

About the Event

Life Insurance Strategies for Today’s Tax Challenges

For many retirees and pre-retirees, the largest pool of assets
may be in tax-deferred IRAs, which can create problems down the road.

Large IRA balances can create concentrated tax risk and a planning opportunity. IRAs are tax-deferred until funds are withdrawn, at which time, the withdrawn funds are taxable. Combined with the recent changes of the SECURE Act, which eliminated the stretch IRA for most beneficiaries, a new approach may be worth considering.

Join Ed Slott as he explains how permanent life insurance can be leveraged to help provide:

• death benefit protection
• a plan for future taxes
• inheritance outcomes
• long-term value for clients and their families

This session will share how to spot opportunities and position life insurance as a powerful planning tool in today’s tax environment.

Zoom: Link provided upon registration.

Speakers:

• Ed Slott, CPA,President, Ed Slott & Company, LLC
• Andrew Rinn, AVP, Advanced Sales Strategy, North American

Disclosures:

Ed Slott is not an employee of North American. The opinions and ideas expressed by him are his own and not necessarily those of North American or its affiliates. North American does not endorse or promote these opinions and ideas. Information contained herein has been obtained from sources believed to be reliable, but not guaranteed as to accuracy. All presentations are for agent representative use only and cannot be used, in whole or part, with consumers.

The views and opinions expressed by Andrew are his views and opinions as an individual and do not reflect the views and opinions of North American Company for Life and Health Insurance®.

Neither North American nor its agents give tax advice. Please advise your customers to consult with and rely on a qualified legal or tax advisor before entering into or paying additional premiums with respect to such arrangements.

Advantage Insurance Network and their affiliated agencies are independently contracted with North American Company for Life and Health Insurance.

Sammons Financial® is the marketing name for Sammons® Financial Group, Inc.’s member companies, including North American Company for Life and Health Insurance.® Annuities and life insurance are issued by, and product guarantees are solely the responsibility of, North American Company for Life and Health Insurance.