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!
Unknown Future Tax Rates: If taxes are going to be higher in 20-30 years, why would you want to pay a higher tax rate on a larger balance in your 401k (tax deferred) or other qualified …

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.
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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.
Many of our prospective clients are unaware that life insurance is used as an effective estate planning …

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 …

Ginn Insurance works with companies to incorporate this into their retirement plan options.  Instead of new mutual fund choices to choose from, employers can offer a totally new investment vehicle with HUGE benefits over the traditional qualified plans like 401k’s or other tax deferred investment vehicles.  Now your matching contributions will be done with after tax dollars and your employer will contribute your same 3%, 6% or whatever your 401k match was into a Indexed Universal Life Policy.  Allowing this to happen is a win/win situation for the employer and …