Investing in Your Future
With two exceptional products!
Annuities & Indexed Single Premium Policies.
Welcome to the MCA360 Annuities and Single Premium Zone!
I am really passionate about helping clients secure their future through annuities, since these powerful financial tools offer a worry-free retirement by providing a steady, dependable income you can count on if you choose that feature. Money grows with zero loss. At MCA360, we excel in options like MYGA—Multi-Year Guaranteed Annuities linked to the S&P 500—delivering guaranteed returns with growth potential, which is a favorite for savvy planners in California and beyond. Everything is tailor-made; we will sit down and discuss your plans and concerns. For those aiming to leave a lasting legacy, whether it’s safeguarding your assets, planning for a comfortable retirement, or simply enjoying peace of mind, our personalized guidance and elite customer service craft solutions tailored to your needs.
How do they work?
An annuity is a contract between the owner of the annuity and the company issuing it. You buy the annuity, and the company pays you interest on the money. It is usually a contract for 5, 7, or 10 years with a said financial or life insurance company. Very attractive for retirement, since you could double to triple your invested money and convert this financial vehicle into a pension for life. It does have a death benefit as well, so it is a great Legacy product.
With this type of financial vehicle, we will run a suitability form, but with this financial product, we do not pay attention to age, nor need either medical examination.
Retirement and Pension.
Depending on how much you are planning to invest and how many years you plan to stay in the contract, you can start receiving a substantial pension on a specific date, giving you time to grow your investment. You can choose to receive your pension monthly, annually, etc. and it can be for life, or you can take your investment in its totality and surrender the annuity.
Some annuity companies guarantee steady growth, and the average annual interest gain is between 2% and 7%. They also guarantee you 0% loss. We always like to share that with these financial nests, ZERO is the hero. Meaning, if you don't gain, which is rare, you don't lose.
General additional benefits
This product provides growth with the S&P500, a death benefit, and a loan provision. Depending on the financial institution of choice, you can withdraw a maximum of 10% annually, and some companies allow you to invest more. If you withdraw more than permitted, they charge you a penalty. Some companies offer bonuses for a contract for a term of 10 years, usually 7% additional profit upfront. Also, one of the most attractive benefits of the annuity is that you can opt for a pension for life.
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A single Premium or Single Pay policy
It is a life insurance product, and a great financial vehicle for people looking to invest a large amount of money — where you make one substantial upfront payment instead of ongoing premiums — for an immediate policy, creating a greater benefit for children or grandchildren. It’s a life insurance product that guarantees a death benefit and builds cash value over time. It has strong and early guaranteed cash values, which provide peace of mind. It can also be combined with the Chronic Illness Rider for the 'what ifs'. Since several Insurance companies provide a great bundle of product features for insurers. Some other customers diversify and use their money in BOTH products. Different features, greater future capital, and legacy gains.
How It Works
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One-Time Payment: You pay a single, significant lump sum to fully fund the policy. No more payments are needed, and you don’t have to worry about the policy lapsing due to missed premiums. It’s a set-it-and-forget-it approach.
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Immediate Coverage: Your payment funds the policy right away, ensuring a meaningful death benefit is available for your loved ones from the start.
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Tax-Deferred Growth: The cash value grows over time without being taxed along the way, which is a nice perk for long-term planning.
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Modified Endowment Contract (MEC): Because of the large upfront payment, the IRS often classifies these policies as Modified Endowment Contracts (MECs). This changes how withdrawals are taxed compared to traditional whole life policies, so it’s worth understanding the details.
Types of Single Premium Life Insurance
You’ve got some flexibility depending on your goals:
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Single Premium Whole Life (SPWL): Offers a guaranteed death benefit and steady, predictable cash value growth. It’s reliable and straightforward.
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Single Premium Universal Life (SPUL): Gives you a cash value that can grow based on market conditions, typically with a guaranteed minimum interest rate for some peace of mind.
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Single Premium Variable Life (SPVL): Lets you invest the cash value in various subaccounts. It has potential for higher returns but comes with investment risk.
Note: Single Premium or Single Pay is a setup that can be a great fit if you’re looking to secure your family’s future with a one-and-done payment, while building some financial value along the way.
Have questions?
Let's talk!
The "Income and Inheritance" Strategy
This strategy involves purchasing an annuity to cover your income needs and a life insurance policy to provide a death benefit for heirs.
Combining a single premium product and an annuity as two separate products is a common financial strategy to meet diverse retirement goals, such as providing immediate income while ensuring long-term growth potential or a death benefit.
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