Video: Indexed Annuities - What Can They Do for You?

Video Blog: Final Expenses

Have you thought about how your passing will affect your family’s financial life? During this time of grief, you want to make sure that loved ones won’t have to worry about paying for your final expenses. Funeral expenses alone can exceed $10,000 in most states and final medical expenses can add thousands more. Final expense or so called “end-of-life” insurance policies can provide you and your family with peace of mind. These “end-of-life” policies cover your final funeral, legal and medical expenses, and they are a type of whole life policy. They offer affordable premiums, fixed interest rates, and can never be terminated due to age. You will have to answer a few – or in some cases no – health questions to qualify and most offer a free “Accelerated Death Benefit Rider” that allows you to access up to 50% of the death benefit while alive. To find out more about final expense insurance, call us today. 

​Benny Levy
303-946-8992
[email protected]
Insurance in Denver Colorado

Fixed Indexed Annuities

These days it’s tough to decide to stay invested in the stock market, while you hope for gains… but fear a market loss. A Fixed Indexed Annuity can offer you protection against stock market losses, while offering you the potential to profit from the market’s gains. Indexed annuities offer a minimum guaranteed interest rate, combined with an interest rate tied to a stock market index, such as the S&P 500 or the Dow Jones Industrial Average. So, instead of counting on the performance of a single stock, you can select a single index for your funds or spread your dollars across several indexes. Depending on the annuity, some crediting strategies allow for greater upside potential, while others lock in a gain up to a certain percentage. Most importantly, while you’re free to participate in market gains, you will never lose a dime due to market loss. Fixed Indexed Annuities are a great way to diversify your portfolio, mitigate risk, and stay positioned for the next market gain. To find out more about Fixed Indexed Annuities, call us today. 
​Benny Levy
303-946-8992
[email protected]
Insurance in Denver Colorado

Indexed Universal Life Insurance

​Dealing with market volatility can be a maddening exercise, and it’s made financial planning more difficult. An Indexed Universal Life Insurance policy can help turn that volatility to your advantage, while delivering some unique tax-saving benefits. With an IUL, the cash value of your policy will follow the performance of an index or blend of indexes that you select… not an individual equity. 
There are some upside limits on index performance, but the goal is to provide you with 0% floor. That means you can’t lose a dime due to poor index performance. And because these policies are life insurance, they offer unique tax benefits not available with other investment strategies. By properly following policy guidelines, distributions are tax-free and death benefits are always a tax-free distribution to your beneficiaries.  
Having an Indexed Universal Life policy in place can also help with estate planning, by avoiding probate or distribution disputes. 
Few products offer the liquidity, flexibility, tax advantages, excellent accumulation potential, and market loss prevention quite like an IUL. To learn more about IULs - and our risk mitigation strategy to build wealth- call us to set up a free consultation today.  



Benny Levy
303-946-8992
[email protected]
Insurance in Denver Colorado

Life Insurance - How Much is Enough?

Most people start to think about life insurance after they’ve married and had children. That’s because the main goal of buying life insurance is usually to replace income if the buyer’s earning power is taken away by death. The industry standard on how much life insurance you need is five to ten times your annual salary. But it really depends on several factors such as your age, the ages of your spouse and dependents, your income, and your debts. Premium rates go up as you age, so it’s more cost effective to buy life insurance when you’re young, and also allows you to purchase more coverage.  
You can use the ages of your dependents and spouse to judge the amount of income replacement they’ll need if you die. This will vary per individual as some dependents may need support temporarily, but others could have special needs that require support for life. 
If you’re just starting out, there will be many years of income to replace versus someone who’s near retirement or has no debts. A 50 percent income replacement is a starting point suggested by some experts. Your mortgage, car loans and any other debts should be included in your insurance planning. Also factor in future education for your children. 
Life insurance is an important investment that can help substitute your income and maintain your family’s current standard of living upon your death. If you’d like to learn more about the right life insurance policy for your family’s needs, give us a call or stop by our website today.  



Benny Levy
303-946-8992
[email protected]
Life Insurance in Denver Colorado

Video:  How Life Insurance Can Generate Retirement Income 

Many people don’t know that a whole life insurance policy can be a source of income for retirement. With a whole life policy, your premiums don’t change, and coverage lasts for the rest of your life. Whole life policies also accrue “cash value” over time, because a small percentage of the premium that you pay for insurance costs goes into a savings account that earns interest. The rate of return varies from company to company, and the cash value of the policy can be withdrawn as an additional source of retirement income. If the amount withdrawn doesn’t exceed the amount you’ve paid in premiums, that money will be tax-free. Of course, withdrawing these funds will reduce the death benefit to your beneficiaries, and withdrawing any dividends earned could be taxed as income. Before deciding whether a whole life policy is right for you, you should understand all your options by speaking with a financial professional. To learn more about smart retirement savings strategies, give us a call, or visit our website today. 

Benny Levy
303-946-8992
[email protected] 
Insurance in Denver CO

What are Indexed Annuities?  Video:

A fixed index annuity is a contract between you and an insurance company that may help you reach your long-term financial goals. In exchange for your premium payment, the insurance company provides you with income, either starting immediately or at some time in the future.  
Most fixed index annuities have two phases. First, there’s an accumulation phase, during which you let your money earn interest. This is followed by a distribution or payout phase, during which you receive money from your annuity. Your annuity can earn a fixed rate of interest that is guaranteed by the insurance company, or an interest rate based on the growth of an external index.  
With a fixed index annuity, you defer paying taxes on your contract’s interest until you receive money from the contract. This tax deferred growth in your asset can really add up. These annuities provide for additional growth in value by sharing in stock market growth, often without market risk. Fixed index annuities vary in their benefits depending on the company offering them. 
To understand which fixed index annuity may be right for you, give us a call today. 
​

Benny Levy
303-946-8992
[email protected]
Insurance in Denver Colorado

Video Tip:  Final Expenses

​Have you thought about how your passing will affect your family’s financial life? During this time of grief, you want to make sure that loved ones won’t have to worry about paying for your final expenses. Funeral expenses alone can exceed $10,000 in most states and final medical expenses can add thousands more. Final expense or so called “end-of-life” insurance policies can provide you and your family with peace of mind. These “end-of-life” policies cover your final funeral, legal and medical expenses, and they are a type of whole life policy. They offer affordable premiums, fixed interest rates, and can never be terminated due to age. You will have to answer a few – or in some cases no – health questions to qualify and most offer a free “Accelerated Death Benefit Rider” that allows you to access up to 50% of the death benefit while alive. To find out more about final expense insurance, call us today. 

Benny Levy
303-946-8992
[email protected]
Insurance in Denver Colorado

1-Minute Video:  Fixed Indexed Annuities

​These days it’s tough to decide to stay invested in the stock market, while you hope for gains… but fear a market loss. A Fixed Indexed Annuity can offer you protection against stock market losses, while offering you the potential to profit from the market’s gains. Indexed annuities offer a minimum guaranteed interest rate, combined with an interest rate tied to a stock market index, such as the S&P 500 or the Dow Jones Industrial Average. So, instead of counting on the performance of a single stock, you can select a single index for your funds or spread your dollars across several indexes. Depending on the annuity, some crediting strategies allow for greater upside potential, while others lock in a gain up to a certain percentage. Most importantly, while you’re free to participate in market gains, you will never lose a dime due to market loss. Fixed Indexed Annuities are a great way to diversify your portfolio, mitigate risk, and stay positioned for the next market gain. To find out more about Fixed Indexed Annuities, call us today. 

Benny Levy
303-946-8992
[email protected]
Insurance in Denver Colorado

https://bennylevy.annuity.com/As the tax deadline approaches, the rush to make last-minute retirement contributions becomes familiar. This annual ritual highlights a widespread financial pitfall: procrastination. Financial experts warn that putting off funding your IRA carries a significant price tag – the "procrastination penalty."
Understanding the Procrastination PenaltyThis penalty isn't a literal punishment but rather the substantial opportunity cost of delayed investments. The magic of retirement savings lies in compound growth – the snowball effect where your earnings generate more earnings over time. Delaying contributions means forfeiting years of this powerful cycle. Additionally, procrastinators risk missing out on overall market gains. While short-term fluctuations are normal, the stock market historically trends upward over the long haul. By waiting, you might end up buying into investments at higher prices if markets rise in the interim. While catch-up contribution options exist for older savers, there's a limit to how much you may make up for lost time.
Real-World Consequences of ProcrastinationThe procrastination penalty has real-world consequences. Consider two investors: one consistently contributing from an early age, the other chronically delaying. Over decades, even small annual contributions, when compounded, may lead to a massive disparity in their retirement nest eggs.  
Strategies to Combat the Procrastination TrapA hypothetical example could easily illustrate a six-figure difference, underscoring the profound impact of time on your investments.
So, how can you combat the procrastination trap and ensure a comfortable retirement? Here are a few key strategies:

• Automate Your Savings: Eliminate the need for willpower by setting up automatic transfers from your checking account to your IRA. This ensures consistent contributions throughout the year, removing the temptation to spend that money elsewhere.
• Incorporate Retirement into Your Budget: Treat your retirement contributions as a non-negotiable expense, factoring them into your monthly budget alongside other essentials like housing and groceries.
• Visualize Your Future: Envisioning your ideal retirement may be a powerful motivator. Ask yourself if that lifestyle will be attainable if you continue delaying contributions. This reality check may shift your perspective on saving.
• Start Today, No Matter How Small: Even if you feel behind, every day and every dollar counts. Begin with smaller, manageable amounts and gradually increase your contributions as your budget allows. The key is to develop the habit of saving regularly.

Additional tips include taking full advantage of your employer's 401(k) match (if available) and celebrating your progress along the way. Remember, saving for the future may feel overwhelming, but small victories build confidence and keep you motivated.
The takeaway is clear: while tax deadlines offer a prompt for IRA funding, the real goal is consistent action year-round. Procrastination isn't just about missing a deadline – it's about sacrificing the life-changing potential of investing early and often. By adopting proactive strategies and prioritizing your financial future, you may build a retirement fund that supports your goals and eliminates the regret of missed opportunities. Don't let time slip away; start taking control of your retirement savings today.
As the tax deadline approaches, the rush to make last-minute retirement contributions becomes familiar. This annual ritual highlights a widespread financial pitfall: procrastination. Financial experts warn that putting off funding your IRA carries a significant price tag – the "procrastination penalty."
Many people have learned about the power of using the Safe Money approach to reduce volatility. Our Safe Money Guide is in its 20th edition and is available for free.  
It is an Instant Download.  Here is a link to download our guide: 
Safe Money Guide - Annuity.com