Plan without Life
Insurance
Present Value of Pension =
$1,381,930
Time Period = 15
Interest Rate =
5%
Future Value of Pension =
$2,088,488
Federal Tax Rate
49%
Pension Benefit after tax = $1,065,129
Plan with Life
Insurance
Insurance Premium Payment =
$36,353
Time Period =
15
Interest Rate =
5%
Future Value of Premiums =
$(784,446)
Future Value of Pension less
premiums = $1,304,042
Federal Tax Rate
49%
Future Pension after tax =
$665,061
Life Insurance Benefit =
$2,440,376
Pension Benefit after tax = $3,105,437
Hello Again:
As we have discussed with you in the
past, paying life insurance premiums with pension funds reduces taxation by as
much as fifty percent. It also increases the future pension payout to your
family by as much as three times!
We also discussed putting your family in
the plan as participants. Please click
on the following link: Insurance Cost Reduction for copies of the insurance forms for you to sign and
return to us. Please review the valuation above and call me to discuss
how to implement this plan for you.
CJ Coleman
(212) 629-8940
(please type your email address
here:____________________________________________________________ and fax it to
coleman-pension.com at (212) 937-3615. thank
you)