Americans Seize Historic Chance to Pass On Wealth Tax-Free

Available for Interviews: Harry Abrahamsen

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. His company offers customized wealth management solutions—creating plans and portfolios that protect, preserve, and grow client’s wealth. He was selected as one of the ten most dependable Wealth Managers in the Mid-Atlantic as published in Forbes magazine.


What Harry Abramhamsen can say in an interview:

The Stretch IRA is no longer an option for people to pass on their wealth. Here’s a strategy which can help you transfer your IRA to your children tax free.
      • First, you want to set up and establish a Trust naming your beneficiaries. 

      • Second, you can shop around for the most competitive single premium immediate annuity (SPIA). Once you identify the company you will be able to rollover or transfer your IRA into the SPIA.  This SPIA or joint SPIA will payout out an immediate taxable income stream that will be guaranteed for the rest of a person’s life or lives, depending on how it is structured.  
      • Last, you will apply for a life insurance policy which will be owned by the Trust.  The guaranteed income stream, net of income taxes, will be used to fund the life insurance policy. The IRA is being used as a funding vehicle to the death benefit will be transferred to the heirs of the Trust Tax Free.


Interview: Harry Abrahamsen

Harry J. Abrahamsen is Founder & CEO Abrahamsen Financial Group. He has been quoted in numerous national publications, such as Forbes, On Wall Street, Financial Planning, Bottom Line Personal, Smart Money and cited in the Encyclopedia Britannica. An independent research firm has selected Harry James Abrahamsen as “The 10 Most Dependable Wealth Managers in the Mid-Atlantic” published in the Forbes December 2007 issue Investment Guide. Harry Abrahamsen has five children and resides in New Jersey.

Jo Allison
Managing Editor
Director of Public Relations
Success In Media, Inc.

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