Wealth Transfer with PFSA
PFSA can help you effectively manage the transition of your wealth to the next generation
PFSA Wealth Transfer
This is a Single Premium Plan that automatically increases the size of your estate.
- Guaranteed Cash Values
- Guaranteed minimum interest rate of 3% per year
- Policy is considered a Modified Endowment contract – 10% penalty tax if withdrawals are made before Age 59 1/2
- Guaranteed Loan Provision
- Options for Payment of Proceeds
- Minimum Face Amount: $10,000
- Maximum Face Amount: 1,000,000
- Final Expenses – Minimum $10,000 Face Amount makes this product a great option for a Final Expenses solution.
- Money set aside for your children sitting in a CD or Savings account – Clients that have a large sum available and want to maximize their estate.
- Alternative to Annuity – Higher guaranteed rates, death benefit proceeds are income tax free to beneficiaries.
- Donation to charity – Name your favorite Charity as a Beneficiary and leave them a gift that will never be forgotten.
- Great Estate Planning product – distribute proceeds income tax free instead of transferring tax to beneficiaries.