Our Solutions
You’ve built your life’s work. Now, let’s ensure it stays protected—no matter what the future holds.
One Of Our Missions
Helping you find the best solutions for your situation.
One of our missions at RIS is to help individuals and couples investigate the most viable current or future options to pay for a catastrophic healthcare event that could last for many years.
These options could include:
- Self-funding with invested assets from a brokerage account. However, why would you deplete your source for obtaining retirement income if there is a better option?
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Hybrid Life or Annuity Policy. Leverage and re-position existing assets to pay for lifetime care for both spouses if it’s ever needed, while eliminating taxes if used for care – Current IRA’s, Annuities, Cash Value Life Insurance, CD’s, Cash. The sooner you begin planning for these options, the more attractive financially they will be.
- QLAC (Qualified Longevity Annuity Contract) is a type of deferred income annuity purchased within a qualified retirement plan, such as a traditional IRA or 401(k). Its primary purpose is to provide guaranteed income later in life, protecting against the risk of outliving your savings.
- Life Settlement. Sell a current life insurance policy for cash.
- Reverse Mortgage. You’ve loved your home, now let it love you back.
- Medicaid. Avoid if you can, but it is an option when there is no other recourse.
- Two-Incomes Approach. This is a mathematical and well-researched concept that has proven to increase the eventual retirement income by %30-50% or more, without any additional outlay. This would enable you to choose more options for care, as well as increasing your retirement income for lifestyle needs.
Our Primary Solution Approach
You’ve built your life’s work. Now, let’s ensure it stays protected—no matter what the future holds. (Ideal for those who have assets they would consider re-positioning without having a negative affect on their retirement incomes.)
Repositioning assets
A smarter way to
fund your care
Most people prefer to use their conservative assets first in the event of needing care. Thankfully, the tax code offers a path forward. The IRS allows certain life insurance and annuity contracts to be accessed, while alive, tax-free, for expenses associated with long-term care.
By repositioning an amount into a specific policy, you provide a dedicated stream of money to pay for care. This means you don’t have to pull money directly out of the investments you rely on for your daily life.
Why Lifetime Coverage Matters:
Lifetime coverage is the ONLY option to help cover the entire length of an extended care need due to illnesses such as Alzheimer’s, Parkinson’s, and Dementia. Don’t settle for a plan that might run out when you need it most.
How it works
Understanding the timeline
We rarely get asked, “how does this work if I die?” Most people understand how life insurance and annuities work for heirs. What people really want to know is: “How does this work if I actually need it for my care?”
The concept is simple:
- The Base Policy: Your plan begins with either a life insurance policy or an annuity.
- The Extension: If your care needs continue after the base policy is used, an "Extension of Benefits" kicks in.
- The Safety Net: This ensures that as long as you need care, the funds are there to pay for it, giving you the freedom to focus on your health rather than your bank account.
real-life perspectives
Stories you might recognize
Every journey is unique, but the concerns are often the same. Here is how others have bridged the gap:
Satisfying Required Minimum Distributions
A married couple who are financially comfortable but concerned about future care costs transferred an existing $200,000 annuity into a life-based LTC asset instead of taking RMDs are taxable income. By satisfying their RMDs through this transfer, they created a guaranteed, lifetime income stream for care expenses.
Existing Annuity with Taxable Gains
Death + Lifetime LTC Benefits for Two
A couple invested $250,000 in a joint AssetCare policy. This policy brought them lifetime benefits for each of them, including coverage for one if the other needs care, death benefit protection if care isn’t needed, and guaranteed premiums and benefits.
Reposition CD Emergency Funds
A woman moved $200,000 from a CD to an annuity with LTC benefits. She could leverage these assets to lifetime LTC benefits if needed, creating peace of mind for herself and her family.
It's your journey.
We're just here to help you finish it.
We understand that thinking about a future where you might be frail is difficult. But planning today is the kindest thing you can do for yourself and your family. It is about maintaining control, preserving your dignity, and ensuring your mountain descent is as planned as the climb up.