EquiTrust New Business Processing Standards = 5-8 business days
(For in-good-order business, from application received to issue or request transfer of funds.)
HELP CLIENTS TURN TAXABLE GAINS INTO TAX-FREE LTC BENEFITS
Bridge® provides LTC coverage with tax perks
If you have clients planning to use a taxable vehicle to cover potential long-term care (LTC) costs, it’s time to let them know there’s a more tax-friendly solution.
Offer up the possibility of using a 1035 exchange to transfer a Non-Qualified taxable annuity into Bridge.1 What’s the advantage? If your clients experience a qualifying LTC event and use the money in their annuity to cover associated expenses, the cost basis and the gain are available tax-free.2
Offer clients an extra 2%3 on their premium bonus with this limited-time offer — ending September 30, 2024. To receive the higher premium bonus, applications must be received by EquiTrust via mail, fax, E-Application or Upload a Doc no later than 5:00 p.m. Central time on September 30, 2024.
2 If under the age of 59½ at the time of withdrawal, an additional 10% IRS penalty may be imposed.
3 Premium bonus increased by 3% on MarketForce Bonus Index® in CA.
Bridge contract issued on Form Series ICC12-ET-EIA-2000(01-12) or ET-EIA-2000(11-21). Long-Term Care Rider issued on ET-LTC(04-22). NeverStopSM Wellness Rider issued on ET-WEL(11-21). EquiTrust does not offer investment advice to any individual or agent/producer and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.
