Learn how to use the Power of Two strategy to help clients navigate tax uncertainty
Since taxes are subject to political and economic factors, their ongoing uncertainty can pose a challenge for clients trying to plan for their future. Join this webinar to learn how to help clients use the “Power of Two,” combining the life insurance clients need with tax benefits to help achieve the goals they want, to navigate this uncertainty.
Take clients beyond why they need life insurance to why they should also want it to help address taxes. The Power of Two highlights 5 key tax codes that enable clients to use life insurance to:
- Pass on tax-free death benefits to their beneficiaries. (IRC §101(a))
- Enjoy tax-deferred growth potential. (IRC §7702)
- Receive favorable lifetime tax treatment by paying premiums within cash value limits. (IRC §7702A)
- Obtain tax-free policy withdrawals to basis from a non-MEC policy. (IRC §72)
Accelerate life insurance death benefits in the event of chronic or terminal illness, tax free. (IRC §101(g))
Vice President, Independent Distribution & Sales, Individual Life Insurance
Prudential
Doug Winkler is Vice President of Independent Distribution and Sales for the Individual Life Insurance business at Prudential. In this role, he leads the Independent Distribution and Sales organization in driving sales with our BGA partners and industry-leading Producer Groups.
In his role, Doug is committed to providing his team with the resources they need to be successful in helping financial professionals grow their business. Doug and his team help their business partners thrive by offering:
- Dynamic underwriting
- Enduring value
- Customized life insurance solutions
Prior to joining Prudential, Doug was a Divisional Vice President for The Hartford where his sales teams consistently lead the organization.
Vice President, National Director, Advanced Planning Group
Prudential
Mr. Buckingham is a frequent speaker and published author on subjects including IRAs, qualified retirement plans, annuities, and estate and income tax planning with retirement assets. His articles have been published in Advisor Today, Wealth Management, National Underwriter, LIFE&Health Advisor, National Association of Variable Annuities Outlook, Boomer Market Advisor Magazine, Investment News and Trust & Estates Magazine.
After graduating from the New England School of Law (J.D., 1991), Mr. Buckingham earned a Masters of Tax Law from the Boston University School of Law (LL.M. 1995). He received his bachelor’s degree from the University of Arizona (1988). Mr. Buckingham is admitted to the Connecticut Bar Association, the United States District Court – District of Connecticut, and the United States Tax Court.