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March Sales Idea of the Month
From:
The Alliance - Long Term Care Funding Solutions for All The Alliance - Long Term Care Funding Solutions for All
For Immediate Release:
Dateline: Canandaigua , NY
Thursday, May 16, 2019

 

Sales idea of the month

using qualified money to fund a LTC Plan

There are TRLLIONS of dollars in retirement accounts, most of it held by baby boomers. Here is how you can set up a great LTC program for someone using qualified money.
  1. Purchase a IRA Single Premium Immediate Annuity (SPIA). This is a rollover of qualified dollars into IRA SPIA.
  2. Purchase as asset-based life/LTC Plan with a 10-year payment period.
  3. Set up the SPIA to distribute funds annually over the 10 year period to cover the premium.
Here is an example of the net effect for a 60 year old married female:
  • Total IRA transfer $110,140
  • Annual premium $11,014
  • 6 year benefit plan with pool of $417,836
  • Monthly LTC benefit of $5,803
  • Death Benefit of $139,279
This is available in all 50 states.
With what company can you do this?? NATIONWIDE
And you receive commission from both the SPIA and the CareMatters sales!!

About The National Alliance of Insurance Agencies, Inc., (“The Alliance”)

Alliance has amassed a thoughtful portfolio of private long term care funding solutions that complement traditional LTC insurance.  The Alliance suite of solutions provide options for funding long term care expenses to virtually everyone, regardless of age, health and wealth.
 
The Alliance works with agencies and distributors who want to offer clients the full range of today's long-term care planning solutions.  Its revolutionary business model allows - and encourages - distributors, agents and advisors to maintain their existing traditional product relationships, while completing their portfolio through working with The Alliance.  
 
The Alliance: 
one company - one source - many solutions - 
to long-term care financing.
 
National Alliance of Insurance Agencies, Inc.
Canandaigua, NY
585-233-9793
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