Longevity Protection Plans

Planning That Protects Your Lifestyle And Secures Your Future

Our best days should be in our golden years and after years of proper planning and saving the last thing you should have to worry about is your monthly stream of income being affected. At Nebraska Asset Protection Group we offer retirement protection plans that protect your principle amount from market fluctuations and offer flexibility and liquidity options when life changes. These plans are designed to empower its owner, not impede your planning options.

What We Offer

Single Premium Immediate Annuity

This financial product pays a stream of regular payments for a set amount of time to purchasers who invest a lump sum upfront. A Single Premium Immediate Annuity (SPIA) takes your funds and turns them into guaranteed payments. This is a useful tool used by clients looking to insure against outliving their money.

You can select the type of interest rate (fixed or variable) you would like to receive, along with the duration and frequency of annuitization payouts. Payments can be received monthly, quarterly or annually.

  • Minimum guaranteed earned interest rate
  • Tax-deferred growth on principle
  • Guaranteed protection of principle investment amount
  • Inflation protection riders available
  • Option of continuing payouts to your spouse or heirs if you die before a certain period of time has elapsed
  • Available as either a tax-qualified or non-qualified contract
  • Funding sources can be made from IRA’s, 401k’s, brokerage accounts, inheritance, life insurance death benefit proceeds, savings, etc.
Single Premium Deferred Annuity

A Single Premium Deferred Annuity (SPDA) is a tax-deferred annuity designed for healthy clients planning for retirement. It serves as a valuable pre-planning tool wherein the owner receives a competitive rate of return. Taxes are not due on any interest earned until the owner makes withdrawals or annuitization begins.

Single Premium Deferred Annuities may offer guaranteed principal protection along with various liquidity options despite the general assumption. Single Premium Deferred Annuities are . Here is some additional information to know:

  • Free interest withdrawals at any time as well as free withdrawals for up to 15% of principal
  • Available in either a tax-qualified or a non-qualified contracts
  • The minimum investment amount for a tax-qualified contract is $5,000, and the minimum investment amount for a non-qualified contract is $10,000. The owner of the annuity can add additional funds within 90 days of the contract purchase
  • Provides a competitive and guaranteed earned interest rate over a specified term
  • Funding sources can be made from IRA’s, 401k’s, brokerage accounts, inheritance, life insurance death benefit proceeds, savings, etc.
Flexible Premium Deferred Annuity

A Flexible Premium Deferred Annuity works much like a SPDA in that it is guaranteed and grows on a tax-deferred basis, so you won’t pay taxes until you take payments. This product is ideal for younger investors and seniors who want a sound investment that can be funded with multiple premium payments over time rather than one lump-sum payment.

When the time comes to annuitize the policy and start receiving payments you can schedule payments, control the taxes due on earnings. and take payouts over time or as a lump sum. If you surrender your annuity early, you’ll get back your premiums minus withdrawals. Here is some additional information to know:

  • The minimum investment amount for this product is only $100
  • Ability to take 15% penalty-free withdrawals once per year after the first contract year
  • This product is available as either a tax-qualified or non-qualified contract
  • Flexible Premium Deferred Annuities come with a terminal illness and nursing home feature, which allows you to have complete access to your funds in times of need
  • They can also be made into an irrevocable, non-assignable contract, ensuring it meets Medicaid’s strict regulations
  • A Flexible Premium Deferred Annuity allows you to deposit your annual RMDs into an annuity that earns a competitive rate of return

Helpful Tools

Annuity Calculator allows you a glimpse of how an annuity can be a useful retirement savings tool. As well as determining whether your essential expenses will be covered in retirement and ways an annuity can help secure your income.

Ready To Talk?

Click the link below and fill out the contact form to get started. A licensed advisor will contact you directly to complete a free confidential review of your unique situation.

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