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Protect Your Assets

Retirement planning doesn’t just involve savings and investments. Protecting what you’ve already accumulated—including your ability to earn or receive an income—is also important.

Insurance

One of the best ways to absorb the risks to your assets is to transfer the risk to a well-crafted insurance program:

Life Insurance—it’s more than just a way to pay a death benefit in the event of catastrophe. With a well-designed policy you can:
- Combine savings/investment with the protection of your family in one policy.
- Elect a cash-out feature that allows you to withdraw while you are still alive, or leave your assets exclusively for your heirs.
- Use insurance policies to possibly reduce or eliminate estate tax for your survivors.
- Direct a ready source of cash when and where it’s needed most after you die.
Long-Term Disability—your chance of becoming disabled due to illness or injury is a significant risk during your work years. Having a plan in place in the event that you are unable to return to work may make your financial life easier in the long run.
Annuities—annuities are not only a great way to save for retirement on a tax-deferred basis, they can protect your retirement assets from market risk, while also protecting your heirs through death benefits* that may exceed the market value of your investments.

The Importance of Estate Planning

Part of retirement planning is preparing for what happens to your assets in the event of your death. Estate planning does just that. Wills and trusts aren’t just for wealthy individuals, they are for anyone who wants to keep the government from deciding where your assets go after you die. Estate planning not only protects your heirs from unnecessary taxation, it allows medical and financial decisions to be made as you wish them if you become incapacitated or die.

For more information about these types of products and services, contact your Financial Advisor or Trust Advisor.

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07/04

* The Guaranteed Death Benefit is guaranteed by the insurer to be paid to your heirs. The guarantee does not apply to the investment return or safety of the underlying funds in the variable annuity.

Securities and Insurance Products: Not Insured by FDIC or any Federal Government Agency; May Lose Value; Not a Deposit of or Guaranteed by a Bank or any Bank Affiliate Wachovia Securities is the trade name used by two separate, registered broker-dealers and non-bank affiliates of Wachovia Corporation providing certain retail securities brokerage services: Wachovia Securities, LLC, Member NYSE/SIPC, and Wachovia Securities Financial Network, LLC, Member FINRA /SIPC.

The information provided in this Web site is not intended to be nor should it be construed as tax or legal advice. As with any tax planning matter or strategy, please consult with your attorney and/or tax advisor.

Insurance products are available through insurance subsidiaries of Wachovia Corporation and underwritten by non-affiliated Insurance Companies. Not available in all states.

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