Settlement Services - Insurance
Life, Growth, and Income Insurance Planning
Deferral of Taxation
Taxes apply to all gains on invested assets as well as all funds paid as income. Insurance contracts can help defer taxation so that you can reduce your overall current tax rates. The right balance of structured periodic payments and retail insurance contracts can make a big difference in your annual tax bill, putting more money into the hands of you and your family. Our team helps you understand these crucial decisions and how to build a plan that is right for your needs and integrates these benefits.
Transferred Risk and Guarantees
Insurance policies are designed to enable the policy owner to transfer market risk to the insurance company and achieve the guarantees outlined in the policy. Our team helps you design a plan contemplating the right amount and type of guarantees within insurance policies for your comfort level.
Structured Settlement Periodic Payment Agreements
In some legal cases, claimants in personal injury, wrongful death, or worker’s compensation can opt to receive their settlement in a series of tax excludable periodic payments. Structured settlement annuities offer potential advantages compared to lump-sum settlements, such as full tax-free or tax deferment, guaranteed payments and rate of returns, and no overhead fees.
Mirena’s team can advise claimants of various annuity options, help find a reputable third-party settlement carrier and set up the terms of periodic payments according to the claimant’s needs.
Fixed and Fixed Index Annuities and Life Insurance
Mirena and Company is a full-service retail insurance agency with licensed experienced agents to consult on integrating fixed and fixed index annuities and life insurance guarantees and protections into your plan. Our experienced agents offer access to A+ rated insurance carriers offering annuities, life insurance, and long-term care policies.
Review and Monitoring of Policies
If you set up a prior insurance policy we will review it to make sure it is meeting your current needs, and to make sure we consider it as an overall part of your plan.
