What is Annuity Maximization?
Annuity maximization (annuity max) is a leveraging technique where annuity assets are used to purchase life insurance. The goal is to provide a greater death benefit for heirs.
Though annuities may be an excellent tax-deferred growth vehicle¹, they are not designed to transfer wealth. Life insurance may be an ideal wealth transfer solution.

Client Profile:
Here are some characteristics of annuity max clients:

• Retirement age
• Need for life insurance protection
• Has annuity assets
• Financially secure

Helpful Tips:
There are typically two possible objectives in an annuity max sale. One is maximizing the death benefit, and the other one is the ability to access the cash value:

• Maximize the death benefit: For this objective, a client needs a low-cost, guaranteed death benefit product.
• Access to cash value: In this situation, both death benefit and cash accumulation are desirable.

Sample Cases:

• Sample Case One: Protection Builder IUL – Maximizing the Death Benefit
  For your annuity maximization cases, take a look at Protection Builder IUL. This index universal life insurance product offers low-cost, competitive guaranteed death benefit protection. ² See how Nick annuitized an existing $250,000 deferred annuity, turning it into a $615,810 TAX-FREE death benefit, guaranteed for life.

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• Sample Case Two: Smart Builder IUL – Maintaining Access to Cash Value
  

  Take a look at another great option for your annuity max cases—Smart Builder IUL. This index universal life insurance product offers your clients death benefit protection, an opportunity for cash value growth and an available Waiver of Surrender Charge Option,3 which provides additional access to the cash value since it waives the surrender charge. See how Nick annuitized an existing $250,000 deferred annuity and builds a tax-deferred wealth accumulation tool which ultimately creates a growing TAX-FREE legacy benefit, guaranteed for life.
  

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1. Removing funds from an annuity may result in surrender charges and/or income taxes. Financial Markets, Inc. does not give tax advice. Please advise your customers to consult with and rely on a qualified legal or tax advisor before entering into or paying additional premiums with respect to such arrangements.
2. Subject to premium payment requirements.
3. Available for an additional charge per $1,000 per month, depending on issue age and underwriting class.