This includes all types of qualified retirement plans such as IRAs, all non-qualified assets such as mutual funds, all
non-qualified annuities, and all cash value of life insurance.
If you have clients with existing cash value life insurance and/or
non-qualified annuities, there may be attractive ways to provide LTC protection with tax advantages and an avoidance of out-of-pocket premiums.
These hybrid Annuity/LTC plans are only available on
non-qualified annuities (qualified plans can't have a rider).
has assets of $54 billion and is one of the nation's leading providers of tax- qualified and
non-qualified annuities.
RW/A also overlays a variety of annuity illustration options, so that you can do the "with" and "without" annuity comparison for qualified plan balances, lump sum distributions from defined benefit plans, or ordinary individual
non-qualified annuities, using SPIAs, deferred annuities, or delayed income annuities.
This is because the 10-year period-certain SPIA is not payable over the lifetime or life expectancy of the SPIA owner according to one of the permitted SEPP life expectancy calculation methods of IRS Notice 2004-15 for
non-qualified annuities.
With some solutions, assets such as existing
non-qualified annuities, CDs and even qualified money can be used.
The purchase expanded MetLife's efforts in the 403(b), 501(c) and 401(k) qualified annuity markets and adds alternative distribution of qualified and
non-qualified annuities through banks.
While
non-qualified annuities offer the added benefit of tax deferral, in the case of qualified annuities, the tax deferral is provided by the retirement plan itself.
1, 2010, qualified long-term care benefits paid out of
non-qualified annuities will generally be paid tax-free.
The Retirement Services division is a leading provider of retirement products and services including tax-qualified annuities sold through a sales force of more than 1,000 financial advisors, and
non-qualified annuities marketed through 15,000 financial institution representatives.
The so-called unearned income Medicare contribution tax, enacted last year as part of health care reform legislation, will apply to unearned income from a range of investment vehicles, including
non-qualified annuities (annuities inside qualified plans are exempt).
