Ken Jones offers the following insurance and investment strategies:
Estate Bond
The Estate Bond moves savings from a tax exposed investment to an exempt life insurance policy. The investment within the policy accumulates on a tax deferred basis and on death, both the life insurance proceeds and the investment funds are paid to the heirs tax free. When you take advantage of the estate bond financial planning strategy, you not only increase the size of your estate, but reduce the amount of tax you pay.
Corporate Estate Bond
A financial planning strategy designed to increase the size of your estate by repositioning surplus corporate dollars exposed to tax into a tax deferred life insurance policy. Using corporate dollars to pay premiums can also be beneficial as the tax bracket is normally lower than that of an individual.
Insured Retirement Program (IRP)
A individual financial planning strategy whereby a life insurance policy is taken out with the goal of collaterally assigning the policy to a bank or other lending institution at retirement, to provide an annual retirement payment via collateral loans. The loan is received each year on a tax-free basis, and on death, the tax free death benefit of the policy repays the loan and the interest. The amount of the loan is designed so that the policy never runs out of funds.
Corporate Insured Retirement Program (CIRP)
Using the strategy above, but with less costly corporate dollars, funds can be used to provide a retirement income via the annual collateral loan on a tax-free basis. Upon death, the loan and interest are repaid with the tax-free death benefit. If death occurs prior to taking retirement income, then the credit to the capital dividend account allows a smooth transfer of funds to a spouse or business partner on a much more tax friendly basis.
good advice
encourages better saving habits
With so many financial options available, it can be difficult to figure out what’s right for you. It’s important to have a knowledgeable advisor that you can trust to help you make informed and confident decisions for your future.
Investment strategies can differ greatly from a rapid growth strategy where an investor focuses on capital appreciation to a safety strategy where the focus is on wealth protection. The most important part of an investment strategy is that it aligns with the individual’s goals and is closely followed by the investor.
By working with Ken, you gain the financial knowledge you need to succeed and gain a better understanding of how to achieve your insurance and investment goals.
contact
information
Ken Jones, B. Comm.
102-174 Douglas St.
Sudbury, ON
P3E 1G1
Bus: 705.222.6492
Res: 705.522.6771
Fax: 705.222.6493
1.800.437.9035
kjones(at)vianet.ca
