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Family Legacy Insurance Pension Plan. Presented by. SMART INVESTMENT ADVISORS LLC. 1. Estate Planning & Asset Management. 2. 4. 3. 5. AGENDA. Tax Shelters. FINANCIAL COMPONENTS. Options for Retirement. OPTIONS FOR FINANCIAL FREEDOM. F.L.I.P.P – REVOLUTIONARY SOLUTION.

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  1. Family Legacy Insurance Pension Plan Presented by SMART INVESTMENT ADVISORS LLC

  2. 1 Estate Planning & Asset Management 2 4 3 5 AGENDA Tax Shelters FINANCIAL COMPONENTS Options for Retirement OPTIONS FOR FINANCIAL FREEDOM F.L.I.P.P – REVOLUTIONARY SOLUTION

  3. ESTATE PLANNING & ASSET MANAGEMENT

  4. ESTATE PLANNING & ASSET MANAGEMENT • No matter your net worth, it's important to have a basic estate plan in place. • Taking inventory of your assets is a good place to start • Your assets include your investments, retirement savings, insurance policies, and real estate or business interests • Trusts aren't just for the wealthy. • Trusts are legal mechanisms that let you put conditions on how and when your assets will be distributed upon your death. They also allow you to reduce your estate and gift taxes and to distribute assets to your heirs without the cost, delay and publicity of probate court, which administers wills.

  5. ESTATE PLANNING & ASSET MANAGEMENT • The Federal Estate Tax Exemption • The amount you may leave to heirs free of federal tax -- changes regularly. • There are easy ways to give gifts tax-free and reduce your estate.

  6. TAX SHELTERS

  7. TAX SHELTER - WHAT IS IT? • A legal method of minimizing or decreasing an investor's taxable income and, therefore, his or her tax liability. • Tax shelters can range from investments or investment accounts that provide favorable tax treatment, to activities or transactions that lower taxable income.

  8. TYPES OF TAX SHELTERS • IRAs • 401(k) and 403 (b) plans • Real Estate Investments • Pension Plans • Setting Up Your Own Business • Municipal Bonds • Employer-Sponsored Health Coverage • Employer-Sponsored Life Insurance • Employer-Funded Education

  9. FINANCIAL COMPONENTS

  10. FINANCIAL COMPONENTS TO KNOW • Tax Quotient - What is it? • Net Income vs. Expenses • Leveraging • How to Leverage your Income • Purchase a Home • Stock Investments • The Rule of 72

  11. WHY USE A FINANCIAL ADVISOR • Learn how to get a greater return on investments • CD’s • IRA’s • Insurance Plans

  12. FOR EXAMPLE… FOR EXAMPLE…

  13. SAVINGS PLANS • Two Types • “Put and Take” • “Put and Keep” • Banks, Credit Unions, Mutual Funds • Why did 95% Fail? • NO SAVINGS PLAN…

  14. WHAT ARE MY OPTIONS?

  15. Family Legacy Insurance Pension Plan (F.L.I.P.P) WHAT IS F.L.I.P.P?

  16. Family Legacy Insurance Pension Plan • What is F.L.I.P.P • “Pension/Savings Plan on Steroids” • Allows you to save more over a shorter time span • Tax-Free withdrawal for Family • Use as Emergency Fund • Self Completion • Critical Illness Rider

  17. FOR EXAMPLE… FOR EXAMPLE…

  18. $58,000/yr (withdrawal each year between 65 and 90) DRAFT 1

  19. BENEFITS • Add family members for coverage • $25,000/year for Child = $150/year payment • $250,000/year for Spouse = $300/year payment • Affordable Plans • Use money from: • 401k/401b • IRA/Roth IRA • CD’s • Term Insurance • College Savings Plans • Annuities • Part-Time Employment • Home Based Business *(Tax Breaks and Additional Refunds)

  20. BENEFITS • Monthly benefits from the plan after you • retire • Joint and survivor annuity • Factors to Consider • Insurability and cost of insurance • Cost of Living adjustments • Health and Life Expectancy • Gender

  21. BENEFITS • Roll-Over Options (Combo Plan) • Roth IRA • Single Premium Immediate Annuity

  22. PAYING FOR INSURANCE WITH PRETAX DOLLARS

  23. USE F.L.I.P.P. AS A… • Bank Plan/Life Plan • Purchase a Car • Use Money for Home Down Payments • Tax Credits and Refunds • Dumping Plan • Put extra money into F.L.I.P.P. and MAKE YOUR MONEY GROW FASTER!

  24. WHY IS F.L.I.P.P. BETTER THAN MUTUAL PLANS? • Minimal Fluctuation • Index Life Strategy • Supplement other Life Insurance Plans with F.L.I.P.P. F.L.I.P.P. Remains Constant in Unsteady Markets

  25. Income To Family GENERATE INCOME • Generational Income

  26. FOR EXAMPLE… FOR EXAMPLE…

  27. GET RID OF DEBT Liquidate • Group Insurance Debt • Rider to Pay Debt Mortgage • Education • Business • Loans

  28. MINIMIZE INVESTMENTS Dumping Fund • For Excess Money Nonqualified • Pay Premiums with Non-Tax Dollars • Save 35% to 40% in Taxes

  29. THINK ABOUT RETIREMENT ReplaceGroup Insurance • Inflationary Proofing your Trust • Securing your Insurance before your next birthday • 10% Bonus

  30. MAXIMIZE TAX DEFERRED SAVINGS OPTIONS Maximize Pension from Employer • Designed to Disinherit your Family • Incontestable Clauses • Estate Taxes

  31. FOR EXAMPLE… FOR EXAMPLE…

  32. Maximize Pension from Employer Option YOU SPOUSE TRUST • $2,000 0 NO • $1,400 $1,400 100% • $1,600 $ 800 50% $ __________ $ 600/mo Lost $ 400/mo Lost

  33. INSURANCE TRUSTS – DURING LIFETIME

  34. INSURANCE TRUSTS – UPON DEATH

  35. PAY TAXES Pay Taxes on Investment Gain • Tax breaks for Tax-Favored accounts • No tax on interest or dividends • Collector or Creditors Denied

  36. FOR EXAMPLE… FOR EXAMPLE…

  37. $300,000 TSA/IRA/Investment • $117,000 Taxes to beneficiary (IRS) • $183,000 Net • Solution: Use • $117,000 from the Insurance Trust • $300,000 without any loss Maximize Pension from Employer

  38. OBTAIN TAX FREE PLANS • $ 1,000 • Tax Free Tax Free Retirement Plan • $ 2,000 TAX FREE = $3,200 Before Taxes • Roth IRA’s • Spouse Deductible IRA’s • Solo 401k • Keogh Plans

  39. Income To Family Maximize Pension from Employer Pay Taxes on Investment Gain Tax Free Retirement Plan Dumping Fund Liquidate Debts Funding Source Benefits • Pay to Age 65 • Lifetime Pay • Pay in 9 Years or Less • TSA • Lower Mortgage Payments • Consolidate Debts • Bonds • CD’s • Roth IRA $500,000 ReplaceGroup Insurance Concept • $300,000 TSA/IRA • $117,000 Taxes to • Beneficiary • ____________________ • $183,000 Net • SOLUTION USE • $117,000 From the • Insurance • Trust • $300,000 Estate • Without • Any Loss • $ 2,000 • Tax Free • Equals • $ 3,200 • Before • Taxes • 1) Group • Insurance • Debt • 2) Rider to Pay • Debt • 3) Mortgage • 4) Education • 5) Business • 6) Loans • 7) Etc. • At Retirement • 1)Inflationary Proofing your Trust • 2) Secure your Insurance before your next birthday (10% Bonus) • Designed • to • Disinherit • Your • Family • For Excess Money Nonqualified • Or • Pay Premiums with Non-Tax Dollars and save 35% to 40% in Taxes Concepts to Understand • TSA Investors can realize free insurance • Eliminate Term Insurance Premiums and • invest in Mutual Funds

  40. IS F.L.I.P.P. FOR YOU? Please contact your representative for a FREE Consultation….. And start Living Life Financially Free! Sedrick Robinson 313.617.6071 info@smartinvestmentadvisors.com

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