The Uses of Life Insurance in Qualified Plans
Date: Thursday, October 17, 2013
Time: 08:00 AM - 10:30 AM
Location: Holiday Inn Daytona Beach LPGA, 137 AutoMall Circle, Daytona Beach
Speaker: Steven Glenn,CLU,ChFC,MSFS,MSM
Time: 8:00 AM – 10:30 AM (extra time for 2 hours of Continuing Education)
Life Insurance in Qualified Plans - is not a new idea. In fact, it's been around for decades. This concept fell from favor over the years because of the inclusion of the pre-retirement death benefit (life insurance) in the decedent's estate, and historically low Federal Income Tax Rates.
With the enactment of The American Taxpayer Relief Act (January 1, 2013) there are Fedral Estate Tax, Gift Tax and Generation Skipping Tax Exemptions of $5 million (indexed for inflation) and increased Federal Income Taxes for the affluent. The combination of reduced Federal Estate Tax Liability, coupled with the ability to deduct life insurance premiums in an increasing Income Tax environment will, once again, bring this strategy to the forefront.
Speaker's Bio:
Steve is a Financial Services Professional with Financial Design Associates in Jacksonville, FL. He has been in the Financial Services Industry since his graduation from The University of Miami in 1970. In addition to his Bachelor of Arts, Steve has received two designations from the American College including Chartered Life Underwriter and Chartered Financial Consultant. Additionally, Steve was awarded two degrees from the American College: Master of Science in Financial Services and Master of Science in Management.
Previously, Steve worked at UBS where he was responsible for Life Insurance and Annuity Sales in the Southern Division, and Corporate Retirement Plans in the Eastern Division. Steve has addressed audiences across the country on a wide variety of complex planning issues. He has served as an Adjunct Professor at The American College, The University of North Florida, and Florida State College at Jacksonville. Additionally, he is the current President of the North Florida Society of Financial Services Professionals, and serves as the Chairman of The Florida State College at Jacksonville Insurance, Real Estate and Financial Services Advisory Committee.
In his personal life, Steve's hobbies include all water sports, and supporting his grandchildren's many activities. Steve is married to Kathy Mathews-Glenn and they have four children and seven grandchildren.
Steven Glenn is a registered representative of and offers securities through MML Investors Services, LLC Member SIPC 200 W. Forsyth Street, Suite 600, Jacksonville, FL 32202, 904-998-7300. CRN201509-176223
Steven Glenn is a registered representative of and offers securities through MML Investors Services, LLC Member SIPC 200 W. Forsyth Street, Suite 600, Jacksonville, FL 32202, 904-998-7300. CRN201509-176223
Continuing Education Credits: This presentation will provide two hours of CPE, CFP and Insurance CE credits. Other professionals may be able to self-administer.
Cost: $20.00 payable at the door. Please note that persons making reservations and not canceling by noon, Wednesday, October 16th, will be invoiced by the EPCFC for the program cost.
RSVP: Ted Geppner, C.P.A., Program VP
Or Call 386-283-4943 or 888-420-3792
Edward A Geppner, CPA
Geppner & Associates
10 Florida Park Drive North, Suite D-3
Palm Coast, Florida 32137
