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401-Kaye Insurance Plan - Path to Financial Security

  • Published: 2011-08-18 : Author: Howard Kaye Insurance Agency, Inc.
  • Synopsis: 401KAYE Plan will educate savvy young individuals on how to guarantee themselves an inheritance in their retirement years.

Insurance Plan Provides Path To Financial Security Howard Kaye Insurance Agency Inc. offers the 401-Kaye Plan Which Allows Clients To Create Their Own Inheritance.

Howard Kaye Insurance Agency, Inc. is known for being a leading expert on the innovative use of Life Insurance to create and preserve wealth.

The 401KAYE Plan will educate savvy young individuals on how to guarantee themselves an inheritance in their retirement years.

The key to a secure retirement is to plan ahead.

Experts estimate that most American's will need about 70 percent of pre-retirement income to maintain their standard of living when they stop working, and for most of them the best retirement plans are not enough to retire on alone.

Life Insurance expert Howard Kaye developed the "401-Kaye Plan," an alternative to contributing 100% of savings into stock market-related accounts that could sink to new lows precisely when it is time to retire. Instead, Kaye recommends putting aside a portion of contributions to purchase life insurance on their parents, a policy that will pay a precise death benefit both income and estate tax-free in the future. The "401-Kaye Plan" is available through the Howard Kaye Insurance Agency, Inc. (

"Our clients and their parents do not see this as a morbid strategy at all," explains Jeff Lefkowitz, Life Insurance agent for Howard Kaye Insurance Agency, Inc. "In fact, parents are pleased to assist their children by allowing our company to insure their lives while their children carry the burden of paying for the coverage."

Consider this scenario:

A 45-year old man and his wife earn $120,000 a year.

They save $20,000, of which half goes to retirement accounts and the other $10,000 is used each year to pay premiums on a $700,000 life insurance policy on the man's 69-year old parents.

This plan will guarantee a substantial inheritance that is income tax and estate tax free regardless of what happens with the markets during their retirement years.

About Howard Kaye Insurance Agency, Inc. - Howard Kaye Insurance Agency, Inc is dedicated to the creation and preservation of wealth through the use of life insurance. Our goal is to educate and clarify this most misunderstood product for the benefit of the consuming public. We are convinced that life insurance should be part of everybody's balanced financial portfolio. And finally, our belief is that life insurance is truly a product for all generations.

Guaranteed payment of death proceeds is based upon the claims-paying ability of the issuing insurance company and the payment of premiums sufficient to keep the policy in force. The amount of insurance that can be purchased depends on a variety of factors and will vary. The scenario above is for illustrative purposes only. Actual results will vary. Howard Kaye Insurance Agency,, 800-DIE-RICH (343-7424).

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