Maximize a Tax-free Legacy for Heirs Using Qualified Money

Taxes can take a bite out of what you leave your heirs, but they don't always have to.

As Bruce, 70, and his wife Ann, 68, prepare for a comfortable retirement, their primary objective is to maximize the value of the inheritance they leave their family by minimizing estate taxes.

 Bruce and Ann are resigned to this arrangement until
they learn of something even more compelling...

1 Assumed combined Federal and State income tax rate of 38% and estate tax rate of 55%. RMDs are reinvested in a non-qualified account at 5%. Each year, the RMD is reinvested at 5% and earnings from this are taxed at year end. The remaining qualified account balance is calculated using the IRS uniform life expectancy table and is estimated to grow at 5% per year.

This strategy can maximize what you leave your heirs — tax-free

This plan provides $3.8 million dollars more than their previous plan, and it’s guaranteed.

This example is hypothetical and intended for illustrative purposes only.
2 Based on a Survivorship Universal Life Lifetime Guarantee Insurance policy and a non-smoker underwriting class for a 70 year old male and 68 year oldfemale as of December 2008.
3 Based on a Joint Lifetime Income Annuity policy Life Only; 38% combined Federal and State income tax rate. Payout rates as of December 2008.
Survivorship Universal Life Lifetime Guarantee insurance policy and Lifetime Income Annuity are issued by New York Life Insurance and Annuity Corporation,a wholly owned subsidiary of New York Life Insurance Company. Guarantee is backed by the claims paying ability of the issuer.

Ruthe B. Schwartz is an Agent for New York Life Insurance Company.  Money In Motion Inc. is not owned or operated by New York Life Insurance Company, its subsidiaries or affiliates.

385616CV (Exp. 1/9/2011)