Emanuel Avina, President of Avina Financial Group, Interviewed on Influential Entrepreneurs Podcast About Using Life Insurance for Retirement

During the interview, Emanuel discusses how to transfer retirement savings to kids without paying taxes, how retirement savings impact financial aid for a child’s college tuition, and how the 1% pay so little in taxes.

Tune in for the interview available on iTunes, Stitcher, iHeartRadio, and the Business Innovators Radio Network.  https://businessinnovatorsradio.com/interview-with-emanuel-avina-president-of-avina-financial-group-discussing-how-to-use-life-insurance-for-retirement-planning/

Emanuel explained that “Over a decade ago, I began this journey in financial services to help clients not only retire but to retire with more confidence. That confidence comes from knowing how, when, and where your income comes from to fund that retirement. I am so excited to bring this education to help people understand one of the most vital resources in retirement: taxes and life insurance. The emphasis around the college financial aid is based on the expected family contribution, EFC. Assets such as cash savings, checking accounts, the net worth of investments, business, and/or investment play a factor in figuring out EFC. This determines how much a family has to contribute towards the financial aid, but money or cash value inside a life insurance policy is not considered part of the EFC contribution. So if you’re looking down the line and you utilize life insurance as an asset, it can help you when it comes to college savings.”


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