Repurposing Existing Annuities to Meet Goals in a Financial Plan

Most advisors know the feeling when a client or prospective client walks into a meeting with an existing annuity or life insurance policy that were sold to them by a previous advisor or a friend. 

This session starts with a high-level review of annuity product categories, and takes attendees through various strategies that can be implemented when looking to repurpose legacy policies to reduce costs and help satisfy long-term goals in their client’s financial plan. This previously recorded webinar will cover:

1. Review annuity product categories and identity when it may be appropriate to explore moving a clients’ existing annuities into a different solution through a 1035 exchange and how to do it.
2. Decide when and how to consider a competitive fixed rate strategy as an alternative to bonds for conservative clients.
3. Learn to locate inefficiencies so to minimize large tax liabilities for a beneficiary through a tax-efficient spin-down strategy

*This webinar was eligible for one CFP CE credit. Attendance for the entire live event was required for credit.