Terms/Disclaimer

• CAP - A cap sets the maximum percentage of indexed interest a life insurance policy's cash value can earn.
• Current Plan - A Qualified Plan as defined under Sec. 401.
• Current Plan Fees are hypothetical for illustrative purposes.
• Current Plan Nest Egg - accumulation account at year of retirement before distributions
• Death Benefit Current Plan - is NET Account Balance distributed from qualified plan and ordinary income taxes are paid. If distributed before 591/2, a 10% federal additional tax may apply.
• Death Benefit Tax Free Plan – Net Death Benefit if Roth 401k or Roth IRA is Net Account Balance. If permanent life insurance it's the Net Death Benefit available in yr. of death.
• Future tax liability - Differed taxes based on Current Plans account balance at any given year.
• Gross Retirement Income - Income before taxation. These are hypothetical projections and are not guaranteed.
• Index - although an external market index or indexes may affect your policy values, the policy does not participate in any stock or equity investments. You are not buying shares of any stock or index. Past performance of an index or indexes is no guarantee of future performance. All indexed rates are hypothetical.
• Life Insurance - See full life insurance illustration for details.
• Life Insurance Accumulation Account at year of retirement before distributions. Values may or may not be guaranteed.
• NET Account Balance – Current Plan – Is the account balance at the end of year illustrated.
• NET Account Balance – Tax Free Plan – is surrender value.
• NET Retirement Income – income after taxation. These are hypothetical projections and are not guaranteed.
• Out Of Money – Current Plan is calculated using hypothetical assumptions illustrated by the Planning Compass calculator.
• Out Of Money & Income until age 100 – Tax Free Plan – if a Roth 401k or Roth IRA is calculated using hypothetical assumptions illustrated by the Planning Compass calculator. If permanent life insurance, all values are the values shown on the insurance illustration. Values may or may not be guaranteed. All guarantees are backed by the financial strength and claims paying ability of the insurance company.
• Participation – When indexes reflect a positive change (gain), participation refers to the percentage of the gain that is credited to the policy's cash value limited by the cap.
• Projected Nest Egg (Current Plan) – Accumulation value of current plans assets at retirement age.
• Projected Nest Egg (Tax Free Plan) – surrender value of the life insurance policy at retirement age.
• Rate Of Return (ROR) is hypothetical for illustrative purposes and should not to be considered indicative of actual performance.
• Retirement Tax Rate – is a hypothetical tax rate for illustrative purposes and should not be considered tax or legal advice. You should consult with your own tax advisor or attorney for tax or legal results applicable to your situation.
• S&P Index – The S&P 500 is a registered trademark of The McGraw-Hill Companies, Inc. The S & P 500 Index is an unmanaged group of securities consisting of the 500 largest capitalized stocks in the United States that is widely recognized as a guide to the overall health of the U.S. stock market. Please note, indexes are unmanaged and not available for direct investment.
• Tax Free Plan may be a Roth 401k, Roth IRA or permanent life insurance policy. If a permanent life Insurance policy is illustrated, tax free income is via policy loans. Policy loans will reduce available cash values and death benefits and may cause the policy to lapse or affect guarantees against lapse. Additional premiums maybe required to keep the policy in force. In the event of a lapse, outstanding policy loans in excess of cost basis will be subject to ordinary income tax. Nothing in this presentation should be considered tax or legal advice. Seek competent legal or tax counsel for your specific needs. Policy loans are not usually subject to ordinary income tax unless the policy is classified as a modified endowment contract or MEC under IRC Section 7702A. However, withdrawals or partial surrenders are subject to income tax to the extent that cash value in the policy immediately before the distribution exceeds the owner's tax basis in the policy. If taken prior to age 591/2 a 10% federal additional tax may apply.
• Tax Free Plan Costs - If a Roth 401k or Roth IRA fees are hypothetical for illustrative purposes. If some form of permeant life insurance is used the fees are taken directly from the insurance companies illustration and may or may not be guaranteed.
• Tax Free Plan ROR is hypothetical for illustrative purposes and should not to be considered indicative of actual performance.
• Total Cash Flow – Is the after tax cash flow generated by the plan.
• Working Tax Rate is a hypothetical tax rate for illustrative purposes and should not be considered tax or legal advice. You should consult with your own tax advisor or attorney for tax or legal results applicable to your situation.
• Circular 230 Disclosure

  Pursuant to recently-enacted U.S. Treasury Department Regulations, you are now advised that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including attachments and enclosures, is not intended or written to be used, and may not be used, for the purpose of: (i) avoiding tax-related penalties under the Internal Revenue Code or; (ii) promoting, marketing or recommending to another party any tax-related matters addressed herein.