From: Richard Kahn To: "jeffrey E." <[email protected]> Subject: Re: Meeting with Michael Liebeskind Date: Thu, 16 Jul 2015 12:42:27 +0000 Attachments: PPVA_Overview.pdf; Registered_Insurance-Dedicated_Funds.pdf; Non- Registered_Insurance-Dedicated_Fund_Offerings.pdf gentleman who i was referred to from Paul Morris regarding single premium and variable annuities Begin forwarded message: From: Michael Liebeskind Subject: Annuities Date: June 19, 2015 at 11:35:06 AM EDT To: Richard Kahn < Rich, Here is some preliminary information you can share with your client who is considering a deposit of $25 - $50 million into either an Immediate Annuity or a Private Placement Variable Deferred Annuity: Immediate Annuity: -- the monthly payout for a $25 million deposit, payable for the lifetime of a 62 year-old male, would be approximately $127,500. -- the monthly payout for a $50 million deposit, payable for the lifetime of a 62 year-old male, would be approximately $255,000. -- 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. -- we will want to conduct a pricing auction to assure the best possible monthly payout. The insurance companies are constantly changing their pricing factors, and a deposit of this size will require a multi-insurance company portfolio (which you would want anyway in order to diversify the credit risk). Private Placement Variable Deferred Annuity: -- here is a link to a brief video that explains the basics of a Private Placement Variable Deferred Annuity: http://vimeo.comMingedkeelgroupippvainvestmentaccounts Password: PPVA2015 PPVA Overview (attached): This document is a simple one-page summary of a PPVA Investment Account. Under IRC Section 72, an investment account administered by an insurance company qualifies for deferral of investment gains from current period taxation. PPVA Inv