YING YU opens one eGroup "Angel Investors in Montreal"
Our eGroup is to offer one platform for Angel Investors and Entrepreneurs to find
the investment projects and financing informations for small busineses and entrepreneurs.
1) HOW TO GET ANGEL INVESTORS, GOVERNMENT GRANTS, BANK LOANS?
2) HOW TO WRITE BUSINESS PLAN?
3) CASH MANAGEMENT FOR SMALL BUSINESS
4) RISK MANAGEMENT FOR SMALL BUSINESS
Welcome more speakers focus on investing and financing topics for "Angel Investors in Montreal".
THANKS from YING YU (eGroup Members = 27 from April 22, 2009 - June 04, 2012)
Thursday, 10 May 2012
Corporate Owned Life Insurance (2012-05-10)
YING YU makes one topic CORPORATE OWNED LIFE INSURANCE
in LinkedIn Group "Know Your Financial Advisor" in Apr.2012:
"I hope to have a deep discussion about Corporate Owned Life Insurance (UL first-to-die).
If you are the experienced financial advisor for the case solution, please email me at 2011yingyu@gmail.com. THANKS from YING YU."
The Group Members = 1052 (July 18, 2010 - June 04, 2012) from Canada Financial Advisors.
My topic is going on, please click to view in detail CORPORATE OWNED LIFE INSURANCE.
__________________________________________________________________________________
Marc Villeneuve • (2012-5-2)
Keep going I find this discussion very interesting. How we structure our protections is often neglected by our competitor and is a very important value-added for our customers.
Meredith Swanson CSA • (2012-5-9)
This is a great discussion. It is a web-site like this that is so informative and worthwhile. Where else can you see professionals discussing such points of interest for all of us.
Ray Bukovy CFP CPCA • (2012-5-14)
Very interesting information and a variety of options and opinions.One thing for sure, to be successful in the corporate business environment requires specialization and dedication.
in LinkedIn Group "Know Your Financial Advisor" in Apr.2012:
"I hope to have a deep discussion about Corporate Owned Life Insurance (UL first-to-die).
If you are the experienced financial advisor for the case solution, please email me at 2011yingyu@gmail.com. THANKS from YING YU."
The Group Members = 1052 (July 18, 2010 - June 04, 2012) from Canada Financial Advisors.
My topic is going on, please click to view in detail CORPORATE OWNED LIFE INSURANCE.
__________________________________________________________________________________
Marc Villeneuve • (2012-5-2)
Keep going I find this discussion very interesting. How we structure our protections is often neglected by our competitor and is a very important value-added for our customers.
Meredith Swanson CSA • (2012-5-9)
This is a great discussion. It is a web-site like this that is so informative and worthwhile. Where else can you see professionals discussing such points of interest for all of us.
Ray Bukovy CFP CPCA • (2012-5-14)
Very interesting information and a variety of options and opinions.One thing for sure, to be successful in the corporate business environment requires specialization and dedication.
Sunday, 6 May 2012
Corporate Insured Retirement Program (CIRP) (2012-05-06)
Now I'd like to share the following top articles about
"Corporate Insured Retirement Program (CIRP)" with small business owners and entrepreneurs:
1) What is Corporate Insured Retirement Program (corporate borrowing, pay a dividend)?
"Corporate Insured Retirement Program (CIRP)" with small business owners and entrepreneurs:
1) What is Corporate Insured Retirement Program (corporate borrowing, pay a dividend)?
2) How Corporate Insured Retirement Program works with Corporate Borrowing?
3) CIRP will increase your retirement cash-flow on a tax-free basis
3) CIRP will increase your retirement cash-flow on a tax-free basis
Indexed Universal Life Insurance - Bank on Yourself (2012-05-06)
Submitted by AnnuityCampus on Tue, 12/27/2011
The problems associated with America’s educational system will be debated till the trumpets sound. However, when it comes to basic financial education America’s knowledge of how money works and the effects of bad decisions can be felt for multiple generations. Working people are still under the impression that a mutual fund, stock, and bonds are the only instruments available for long term funding of their retirement accounts.
Risk:
Everyone understands that when you invest in securities that there is some inherit risk. But why would anyone in their right mind invest their future retirement funds into risk investments if they could lose their money? The reason why many working people do this is because they do not know that there are alternatives like whole and indexed universal life insurance policies do not invest in the stock market.
These policies either pay their policy holders a dividend or pay a return based upon a market index such as the S&P 500. Indexed universal life insurance policies allow you to make up to a declared cap of the S&P but none of the downsides when the market goes down.
For example, when the market goes up you might be capped at 12% but when the market goes down you will get a $0 on your statement. In addition, these policies usually have a yearly guarantee of 1-3%. So not matter what happens you will see a positive number on your annual statement.
Fees:
We also know that fees can have an effect on future returns. Most people have no idea what fees they are paying on their mutual fund accounts. Some of the fees cannot be stated in advance because a roll over ratio is not known to the fund rolls over the portfolio in order to make a profit.
On indexed universal life insurance policies there are no roll over ratio fees, management fees, or any other fees. There is a cost of insurance because at the end of the day, there is a death benefit associated with all life insurance policies.
Tax-Free Withdrawals:
We have now come to the most important aspect of indexed universal life insurance policies. With your current mutual fund accounts the growth is tax-deferred but when you take it out all gains is taxed at the time when you need the money the most.
You see, the government wants you to take the money you deferred all those years because they want the tax money. Even if you do not need the money they will make you take payments (Required Minimum Distributions) at 70 ½.
The distributions from life insurance are not taxed at all. The reason for this is that distributions for life policies are considered a policy loan. You are not penalized for a pre- 59 ½ IRs early withdrawal penalty. You have access to your cash value at any time for any reason and your will not be penalized or taxed.
Recap:
Indexed Universal Life Insurance policies have the following features and benefits:
• Tax Deferred Growth
• Tax-Free Withdrawals
• No Risk
• No Management Fees
• Liquid
If you are currently funding a mutual fund on a monthly basis, it might worth your time to consider reallocating your resources to an indexed universal life insurance policy. You will be glad you did. You should also consult with a qualified life insurance broker who will be able to structure the best tax-free retirement strategy to fit your needs and goals.
Read more: http://www.advisorworld.com/2011/12/27/indexed-universal-life-insurance-bank-yourself#comment-316#ixzz1u8PMvpqN
The problems associated with America’s educational system will be debated till the trumpets sound. However, when it comes to basic financial education America’s knowledge of how money works and the effects of bad decisions can be felt for multiple generations. Working people are still under the impression that a mutual fund, stock, and bonds are the only instruments available for long term funding of their retirement accounts.
Risk:
Everyone understands that when you invest in securities that there is some inherit risk. But why would anyone in their right mind invest their future retirement funds into risk investments if they could lose their money? The reason why many working people do this is because they do not know that there are alternatives like whole and indexed universal life insurance policies do not invest in the stock market.
These policies either pay their policy holders a dividend or pay a return based upon a market index such as the S&P 500. Indexed universal life insurance policies allow you to make up to a declared cap of the S&P but none of the downsides when the market goes down.
For example, when the market goes up you might be capped at 12% but when the market goes down you will get a $0 on your statement. In addition, these policies usually have a yearly guarantee of 1-3%. So not matter what happens you will see a positive number on your annual statement.
Fees:
We also know that fees can have an effect on future returns. Most people have no idea what fees they are paying on their mutual fund accounts. Some of the fees cannot be stated in advance because a roll over ratio is not known to the fund rolls over the portfolio in order to make a profit.
On indexed universal life insurance policies there are no roll over ratio fees, management fees, or any other fees. There is a cost of insurance because at the end of the day, there is a death benefit associated with all life insurance policies.
Tax-Free Withdrawals:
We have now come to the most important aspect of indexed universal life insurance policies. With your current mutual fund accounts the growth is tax-deferred but when you take it out all gains is taxed at the time when you need the money the most.
You see, the government wants you to take the money you deferred all those years because they want the tax money. Even if you do not need the money they will make you take payments (Required Minimum Distributions) at 70 ½.
The distributions from life insurance are not taxed at all. The reason for this is that distributions for life policies are considered a policy loan. You are not penalized for a pre- 59 ½ IRs early withdrawal penalty. You have access to your cash value at any time for any reason and your will not be penalized or taxed.
Recap:
Indexed Universal Life Insurance policies have the following features and benefits:
• Tax Deferred Growth
• Tax-Free Withdrawals
• No Risk
• No Management Fees
• Liquid
If you are currently funding a mutual fund on a monthly basis, it might worth your time to consider reallocating your resources to an indexed universal life insurance policy. You will be glad you did. You should also consult with a qualified life insurance broker who will be able to structure the best tax-free retirement strategy to fit your needs and goals.
Read more: http://www.advisorworld.com/2011/12/27/indexed-universal-life-insurance-bank-yourself#comment-316#ixzz1u8PMvpqN
Cash Value Life Insurance Problems (2012-05-06)
Submitted by AnnuityCampus on Tue, 01/03/2012
If you are lucky enough to know about the living benefits associated with cash value life insurance policies, then you also know that you may take out money for any reason including tax-free retirement income. These benefits is what make purchasing and properly funding a cash value life insurance policy such as a whole life and indexed universal life insurance policy. However, when you take the money out, do you know how much it will cost you?
Problem #1- Time frame
The problem with taking money out of your life insurance policy could depend on when you take it out. For instance, if you plan to start taking out money prior to the 10th policy year, the fees or interest rate could be 6% or more. Some policies have a variable loan rate which means it could even cost you more to access your money.
Most whole life and indexed life insurance policies are “heavy” the first 10 years because most of the cost of insurance (COI) is included in the first 10 years. When life insurance brokers design cases for their clients they either do not ask their clients when they are planning to take out the money or they do not disclosure those numbers prior to the sale of the polices. Unlike indexed or variable annuities, the potential loan rates are not required to be disclosed. Also, a product with a variable loan rate will illustrate better than a policy that offers a fixed rate.
Problems #2- Cost
Most cash value or permanent life insurance policies offer a “Wash” after 10 years. This means that if the policy states that you will pay 1% in interest they will pay you 1% so that you do not have to pay interest on your money. Prior to 10 years the loan rate could adversely affect your cash value.
When people purchase a cash value life insurance policy they are told that as their policy accumulates cash value then can take out the money in the future to fund a tax-free retirement. The IRS does not consider proceeds from a life policy as income (Within IRS guidelines) and that is why “The Rich” purchase and fund these policies.
Before you buy a cash value life insurance policy, including a whole life and indexed universal life insurance product, you need to disclose to your life insurance broker when you plan on taking out money from your policy. You also want to get in writing what the fee or loan schedule is prior to buying one of these policies.
Make sure you consult with a qualified life insurance broker to make sure a cash value or permanent insurance policy is right for you and your family.
Read more: http://www.advisorworld.com/2012/01/03/cash-value-life-insurance-problems#ixzz1u8KvNSF3
If you are lucky enough to know about the living benefits associated with cash value life insurance policies, then you also know that you may take out money for any reason including tax-free retirement income. These benefits is what make purchasing and properly funding a cash value life insurance policy such as a whole life and indexed universal life insurance policy. However, when you take the money out, do you know how much it will cost you?
Problem #1- Time frame
The problem with taking money out of your life insurance policy could depend on when you take it out. For instance, if you plan to start taking out money prior to the 10th policy year, the fees or interest rate could be 6% or more. Some policies have a variable loan rate which means it could even cost you more to access your money.
Most whole life and indexed life insurance policies are “heavy” the first 10 years because most of the cost of insurance (COI) is included in the first 10 years. When life insurance brokers design cases for their clients they either do not ask their clients when they are planning to take out the money or they do not disclosure those numbers prior to the sale of the polices. Unlike indexed or variable annuities, the potential loan rates are not required to be disclosed. Also, a product with a variable loan rate will illustrate better than a policy that offers a fixed rate.
Problems #2- Cost
Most cash value or permanent life insurance policies offer a “Wash” after 10 years. This means that if the policy states that you will pay 1% in interest they will pay you 1% so that you do not have to pay interest on your money. Prior to 10 years the loan rate could adversely affect your cash value.
When people purchase a cash value life insurance policy they are told that as their policy accumulates cash value then can take out the money in the future to fund a tax-free retirement. The IRS does not consider proceeds from a life policy as income (Within IRS guidelines) and that is why “The Rich” purchase and fund these policies.
Before you buy a cash value life insurance policy, including a whole life and indexed universal life insurance product, you need to disclose to your life insurance broker when you plan on taking out money from your policy. You also want to get in writing what the fee or loan schedule is prior to buying one of these policies.
Make sure you consult with a qualified life insurance broker to make sure a cash value or permanent insurance policy is right for you and your family.
Read more: http://www.advisorworld.com/2012/01/03/cash-value-life-insurance-problems#ixzz1u8KvNSF3
Subscribe to:
Posts (Atom)