The 412(i)Linc^TM Program

Our Program provides financial advisors a centralized source for the selection and design of 412(i) defined benefit programs from an elite portfolio of quality life insurance companies on a turnkey basis.

Key client features include:

 ●  Generates a substantial and increased income tax

     deduction for the business entity.

 ●  Provides a secure promise of future benefits.

 ●  Can provide asset protection.

 ●  Provides for a more stable contribution level.

 ●  Allows for simpler plan administration.

 ●  Provides tax deferred asset growth.

A 412(i) defined benefit program guarantees retirement benefits with life insurance and/or annuity contracts. Plan contributions are invested exclusively in permanent life insurance and/or annuity contracts with guaranteed rates of return. The exception in IRC 412(i) allows a plan to calculate current contributions to fund future benefits based upon the guaranteed cash values and annuity purchase rates of the insurance products, rather than the higher, complicated and costly actuarial calculations required by IRC 412.

This type of plan offers the largest tax deduction of any qualified retirement plan while providing flexibility in exit strategies and secure retirement income. It can allow an employer to “fast fund” a retirement program for older employees without increasing costs for younger employees.

Annuity and/or life insurance contracts with underlying guaranteed returns are purchased to provide the retirement benefits promised. This investment approach removes the investment risk for both the employee and employer because minimum returns are guaranteed.

At retirement, depending on their needs and objectives, participants can choose from selected retirement strategies including rollover to an IRA, monthly income and lump-sum distribution.

A Sample Case

A Comparison of Qualified Plans

First Year Tax Deductible Contributions Sam Age 55 — Retirement age of 62

Traditional Defined Benefit

$190,200

Prospect Profile

Profitable Business — No more than 20 employees 

Stable Cash Flow — Business Owner(s) Over Age 45 & High Income