EFTA02713185.pdf

From: Richard Kahn < Sent: Friday, June 19, 2015 4:24 PM To: Jeffrey Epstein Subject: Fwd: Annuities Attachments: PPVA Overview.pdf, Untitled attachment 00191.htm; Registered Insurance-Dedicated Funds.pdf; Untitled attachment 00194.htm; Non-Registered Insurance-Dedicated Fund Offerings.pdf; Untitled attachment 00197.htm Sent from my iPhone =br>Begin forwarded message: =rom: Michael Liebeskind < <mailto > Date: June 19, 2015 at 11:35=06 AM EDT To: Richard Kahn < <mailto:richardkahn12@gm=il.com» Subject: Annuities=br> Rich, Here is some preliminary information you can share wi=h your client who is considering a deposit of $25 - $50 million into either=an Immediate Annuity or a Private Placement Variable Deferred Annuity:=/o:p> Immediate Annuity:&n=sp; -- the monthly payout for a $25 million deposit= payable for the lifetime of a 62 year-old male, would be approximately $12=,500. -- the monthly payout for a $50 million deposit= payable for the lifetime of a 62 year-old male, would be approximately $25=,000. -- the monthly payout will be lower if you want=to guarantee that the full $25 or $50 million deposit is reimbursed (either=in a lump sum or over time) if the 62 year-old male dies prematurely.<=o:p> -- we will want to conduct a pricing auction to=assure the best possible monthly payout. The insurance companies are c=nstantly changing their pricing factors, and a deposit of this size will re=uire a multi-insurance company portfolio (which you would want anyway in order to diversify the credit risk).</=:p> EFTA_R1_02134578 EFTA02713185  Private Placement Va=iable Deferred Annuity: -- here is a link to a brief video that explain= the basics of a Private Placement Variable Deferred Annuity: http://vimeo.com/win=edkeelgroup/ppvainvestmentaccounts <http://vimeo.com/wingedkeelg=oup/ppvainvestmentaccounts> Password: PPVA2015 PPVA Overview (attached): = This document is a simple one-page summary of a PPVA Investment Account.&nbs=; Under IRC Section 72, an investment account administered by an insurance c=mpany qualifies for deferral of investment gains from current period taxati=n. PPVA Investment Accounts should be considered when the client's o=jectives are: 1) deferral of income taxes on investment allocations t= asset classes that would otherwise be highly tax-inefficient, and/or =2) optimization of the value that will ultimately be bequeathed to a private foundation or public charity.<=p> -- Registered Insurance-Dedicated Funds (attached): Each of the major life insurance companies in the domestic PPVUL and PPVA Investment Account markets offer a substanti=l number of 1940 Act registered IDFs providing daily liquidity and covering=a wide range of traditional asset classes. The attached lists summari=e the registered IDFs available for allocation with John Hancock, Pacific Life, and Prudential (which offer PPV=L Investment Accounts only) along with Philadelphia Financial Group and Zur=ch (which offer both PPVUL and PPVA Investment Accounts).=/p> Non-Regist=red Insurance-Dedicated Funds (attached): In addition to the r=gistered IDFs, each of the major domestic life insurance companies in the P=VUL and PPVA Investment Account markets also offer a select group of non- registered IDFs, which have more restrictive li=uidity terms and cover alternative asset classes. The attached lists s=mmarize: -- The IDFs =urrently available for allocation, and -- The IDFs that ar= currently in development. Michael Michael Liebeskind Winged Keel Group, Inc.=/p> www.winge=keel.com <http://www.wingedkeel.com/> 2 EFTA_R1_02134579 EFTA02713186  Please=note that the information provided is given with the understanding that Win=ed Keel Group, Inc. does not engage in the practice of law or accounting, o= give legal, accounting, tax, or actuarial advice. You are advised to seek counsel in these areas from=your appropriate advisors. &=bsp; CONFID=NTIALITY NOTICE: This transmission may contain confidential inf=rmation intended only for the use of the intended recipient(s). If yo= are not an intended recipient, please notify the sender immediately and delete this message from your system. &=bsp; Sec=rities offered through M Holdings Securities, Inc., a Registered Broker/Dea=er, Member FINFtA/SIPC. Win=ed Keel Group is independently owned and operated. =/html>= 3 EFTA_R1_02134580 EFTA02713187