Rmd Solution.Pdf
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Transcript of Rmd Solution.Pdf
For agent use only. Not approved for use with the public.
For agent education only. Not for use in advertising to the general public. 16699 2360310
SHURWEST INCOMESOLUTIONS
Take RMDs andPass On Your Premium
The ProblemIndividuals want to pass on qualified money and IRAs to
their beneficiaries but are forced to liquidate over life expectancy (RMDs)
A SolutionUse Balanced Allocation Annuity™ with the Family Endowment Rider® to provide withdrawals over the
clients lifetime while leaving an increasing legacy with the Family Endowment Rider®
Sales Solutions: RMDs
Mr. and Mrs. JonesAre 70 and 66 years old
Have a large IRA and are concerned about Required Minimum Distributions
Mrs. Jones is most concerned about what will be left for her when Mr. Jones is gone, as Mr.
Jones gets older and is forced to take agreater withdrawal each year
Sales Solutions: RMDs
17 86 $31,391 $588,778 $411,222 $1,309,942
16 85 $32,073 $557,387 $442,613 $1,296,735
These hypothetical assumptions are not guaranteed; the use of alternate premium and rate assumptions could produce significantly different results. For Agent Education Only ~ Not for use in advertising to the general public. 18255 213291
RMD Solution using the BalancedAllocation 12™ with the Family Endowment Rider®
Hypothetical Example
Premium • $1,000,000
Client age at issue • 70
RMD through age • 90
Death benefit rollup • 5%
Annual BAA Net Appreciation of
0 Percent
End of Year Age
RMD Paid to Client
Total Income
Accumulation Value DB w/ Family Endowment Rider
1 70 $36,496 $36,496 $963,504 $1,013,504
2 71 $36,359 $72,855 $927,145 $1,027,820
3 72 $36,217 $109,072 $890,928 $1,042,995
4 73 $36,070 $145,142 $854,858 $1,059,074
5 74 $35,918 $181,060 $818,940 $1,076,110
6 75 $35,762 $216,822 $783,178 $1,094,154
7 76 $35,599 $252,421 $747,579 $1,113,262
8 77 $35,263 $287,684 $712,316 $1,133,662
9 78 $35,089 $322,773 $677,227 $1,155,256
10 79 $34,730 $357,503 $642,497 $1,177,566
11 80 $34,358 $391,861
$608,139
$1,199,91312 81 $33,974 $425,835 $574,165 $1,221,910
13 82 $33,577 $459,412 $540,588 $1,243,101
14 83 $33,165 $492,577 $507,423 $1,262,956
15 84 $32,737 $525,314 $474,686 $1,280,857
20 89 $29,214 $678,644 $321,356 $1,325,895
• Taxable amounts withdrawn prior to age 59½ may be subject to a 10% IRS penalty in addition to ordinary income tax. Withdrawals are not credited with interest earnings for that term. Withdrawals in excess of the free amount are subject to withdrawal charges and a market value adjustment as well as any interest accrued during the term that is attributed to the excess amount.
• If elected, the Family Endowment Rider® provides a guaranteed death benefit floor upon the death of the annuitant equal to the premium accumulated at an interest rate of up to 5%.
• The Balanced Allocation Annuity 12™ [BAA12 (09/09) or state variation], the Family Endowment Rider® (DBR (09/09) or state variation), and the BAA Premium Bonus Rider with Enhanced Death Benefit [BDBR 12 (09/09) and [BDBR 8 (09/09) or state variation] or state variation, optional riders for which a charge is deducted, are issued by Aviva Life and Annuity Company, Des Moines, IA. Product features, limitations and availability vary by State; see the Product Disclosure for details.
Disclosures
For agent use only. Not approved for use with the general public
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