Bridge® by EquiTrust Provides LTC Coverage with Tax Perks
If you have clients planning to use a taxable vehicle to cover potential long-term care (LTC) costs, it’s time to let them know there’s a more tax-friendly solution.
Offer up the possibility of using a 1035 exchange to transfer a Non-Qualified taxable annuity into Bridge.¹ What’s the advantage? If your clients experience a qualifying LTC event and use the money in their annuity to cover associated expenses, the cost basis and the gain are available tax-free.²
If you have clients planning to use a taxable vehicle to cover potential long-term care (LTC) costs, it’s time to let them know there’s a more tax-friendly solution.
Offer up the possibility of using a 1035 exchange to transfer a Non-Qualified taxable annuity into Bridge.¹ What’s the advantage? If your clients experience a qualifying LTC event and use the money in their annuity to cover associated expenses, the cost basis and the gain are available tax-free.²
Fill out the form or call 800-852-7152 for more information today.
1 Subject to IRS daily maximum.
2 If under the age of 59½ at the time of withdrawal, an additional 10% IRS penalty may be imposed.
Bridge contract issued on Form Series ICC12-ET-EIA-2000(01-12) or ET-EIA-2000(11-21). Long-Term Care Rider issued on ET-LTC(04-22). EquiTrust does not offer investment advice to any individual or agent/producer and this material should not be construed as investment advice. Products underwritten, issued and distributed by EquiTrust Life Insurance Company, West Des Moines, Iowa.
