LONG TERM CARE SOLUTIONS
Having a plan in place for Long Term Care has become increasingly important to many of my clients. So, of course, at Stan the Annuity Man we have researched the best-of-the-best options to come up with the following Long Term Care strategies:
Long Term Care Structured Annuities
These annuities are specifically structured to address future long term care expenses while you retain full control over your money. Here are some of the features and benefits of Long Term Care Structured Annuities:
- No money is left “on the table,” rather all is fully transferred to listed beneficiaries if long term care is not needed or utilized;
- You receive tax free withdrawal benefits for long term care;
- They provide contractually guaranteed fixed rate growth;
- Index option growth is available, as well, on some products;
- There is a return of principal guarantee on some products;
- There is a day one increased long term care benefit multiple;
- Up front bonuses are available on some products;
- There is a simplified, easy underwriting process.
Fixed Annuity Long Term Care Rider Strategy – GUARANTEED ISSUE
This Long Term Care or Confinement rider is attached to a fixed or equity indexed annuity.
- Income stream is doubled for life if in home care OR placement in a long term care or confinement facility is needed;
- No medical exam is required and you are guaranteed issue;
- You retain FULL CONTROL of the money.
Long Term Care — Life Insurance Strategy
Stan the Annuity Man can help you structure, or re-structure, your life insurance policies to specifically address future long term care expenses. Here are some advantages and features:
- The death benefit goes to your listed beneficiaries TAX FREE;
- There are tax free withdrawal benefits for long term care;
- There is a contractually guaranteed fixed rate growth;
- Index option growth is available as well, on some products;
- There is a Return of Principal guarantee at any time without penalty;
- There is a simplified, easy underwriting process.
