The Troubled Road Ahead for 401k Investors.

Limited funding: Your 401k, SEP IRA, SIMPLE, Traditional IRA, Roth IRA and other qualified plans all contain IRS guidelines on how much money can be funded for your retirement.  Why?  Shouldn’t you be able to fund your retirement on your financial schedule not what the IRS says you can!
Participation Requirements: Just another obstacle companies face in providing retirement accounts which can be reduced and or avoided.
Unknown Future Tax Rates: If taxes are going to be higher in 20-30 years, why would you want to …

Access The Cash in your Whole Life Policy without Surrendering it!
Would you like to access the cash value in your Whole Life Insurance policy without surrendering or canceling the policy?  We can do this for you.  Depending on your situation, you can access up to 90% of the existing cash.  Contact us for details.

Bakersfield, California Life and Health Insurance
Ginn Insurance Services is located in Bakersfield, CA.  We help clients with their life and health insurance needs.  We are an independent company which benefits our clients greatly because we’re not limited to proprietary or “in house” products.  We’re able to shop the market for the best carriers and present these to our clients; Clients appreciate this because they know they’ll get the best coverage at the best price.
Contact us today to schedule an appointment.

1035 Exchange Rules and Ideas:
The IRS allows you to exchange an insurance contract for a new life insurance contract insuring the same person without paying tax on the investment gains earned on the original contract. This can be a substantial benefit. This is governed by Section 1035 of the IRS code and are called 1035 Exchanges.
This benefit comes with some important IRS guidelines:

1035 exchange code says that the old insurance policy must be exchanged for a new policy.  You cannot receive a check and apply …

What year am I eligible for my Social Security Benefits?