Make Life Insurance Tax Deductible

Life Insurance in a
Qualified Retirement Plan

Small businesses sometimes choose to purchase life insurance as a funding option for their qualified retirement plan.  There are a number of advantages in doing so:

     ~  Tax-Deductible Premiums
     ~  Income Tax Advantage at Death
     ~  Reduced Personal Expense
     ~  Pre-Retirement Death Benefit
     ~  Easily Understood Benefit
     ~  Conservative Plan Funding
     ~  Guaranteed Issue and Simplified Issue

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Advantages in a
Qualified Retirement Plan

To purchase life insurance outside the plan, an individual bears the entire cost of the premium.  Purchasing life insurance through a qualified plan can be cost effective for the business as well as an added benefit to eligible employees.

Click here to see an example »


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Securities offered through ELE Wealth Solutions, Inc., member FINRA. Advisory services offered through ELE Advisory Services, Inc. EWSI and EAS are affiliated through common ownership and control. Financial Wealth Solutions, Inc. and 1st Consumer Insurance Agency Inc. are not affiliated with EWSI or EAS.
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