PFP2610. Beyond the Balance Sheet: Advanced Annuity and Life Insurance Strategies for CPAs
CPAs are redefining their roles by providing holistic financial guidance as needs expand beyond traditional tax preparation. With growing complexity in retirement and estate planning, professionals are increasingly asked whether annuities and life insurance can provide effective solutions.
This session explores how these tools can be strategically applied in tax planning, retirement income strategies, and estate preservation. Attendees will gain practical insights into structuring annuity contracts for predictable cash flow, leveraging life insurance for wealth transfer and asset protection, and navigating the regulatory and ethical considerations surrounding these products.
Through practical case studies and actionable frameworks, CPAs will learn how to incorporate annuities and life insurance into comprehensive planning. These strategies not only deliver reliable retirement income but also safeguard assets, support long-term care needs, and ensure efficient estate preservation. By embedding them into broader financial plans, CPAs can help reduce tax burdens, protect wealth across generations, and provide guidance that truly resonates. Participants will leave equipped with strategies they can immediately apply in practice.
Learning Objectives:
- Categorize different types of annuities and life insurance products according to their tax, retirement, and estate planning applications.
- Formulate advanced strategies that integrate annuities and life insurance into comprehensive financial plans for different client scenarios.
- Contrast the benefits and limitations of annuities versus life insurance in addressing longevity risk, asset protection, long-term care, and legacy goals.
- Assess and Evaluate case studies to determine the most effective use of annuities and life insurance, with an emphasis on compliance and ethical considerations.
