The Protection Planning Checklist
Life, Health, Retirement & Legacy
AB Global Consulting LLC
Angel Burgos • 0215 Practitioner
FL Lic: #G328926 | WFG: F6D9U
(386) 333-1482
Purpose of this Planning Audit:
This checklist is designed to help individuals, families, military personnel, and business owners audit their financial vulnerabilities before a crisis occurs. It evaluates market crash defense, IRS Section 7702 tax optimization, living benefits, and legacy preservation.
The 4 Pillars of Comprehensive Financial Defense:
1. Life & Income Defense
0% Floor IUL, Living Benefits, and IRS 7702 tax-free policy loans.
2. Health & Medical Defense
ACA subsidies, Medigap Plans G/N, and LTC asset protection.
3. Retirement & Longevity
401(k)/IRA rollovers to guaranteed lifetime income annuities.
4. Legacy & Pre-Planning
Everest Concierge ($3,500+ savings), 48-hr payouts, and online wills.
Client Self-Audit Scorecard (Check Your Status):
| Core Protection Area | Protected | Needs Review | At Risk |
|---|---|---|---|
| 1. Living Benefits for Critical/Chronic Illness | ⬜ | ⬜ | ⬜ |
| 2. 0% Downside Market Floor for Retirement Nest Egg | ⬜ | ⬜ | ⬜ |
| 3. Tax-Free Supplemental Retirement Income (IRS 7702) | ⬜ | ⬜ | ⬜ |
| 4. Military SGLI/VGLI Transition or SBP Pension Max | ⬜ | ⬜ | ⬜ |
Pillars I & II: Life, Living Benefits & Healthcare Defense
AB Global Consulting1. Life Insurance Structural Comparison:
| Feature | Term Life | Traditional Whole Life | Indexed Universal Life (IUL) |
|---|---|---|---|
| Market Crash Floor | N/A | Fixed (2-3%) | Contractual 0% Loss Floor |
| Upside Potential | None | Low dividend | S&P 500 Index Participation |
| Tax-Free Loans (IRS 7702) | None | Limited | Structured Tax-Free Cash Flow |
| Accelerated Living Benefits | Varies | Often Add-On | Built-in (Critical/Chronic) |
🏥 Accelerated Living Benefits Audit (Access Funds While Alive):
Modern policies allow accelerating up to 90% of death benefits tax-free if you experience:
1. Critical Illness
Heart attack, stroke, cancer, organ failure, ALS.
2. Chronic Disability
Inability to perform 2 of 6 ADLs (bathing, dressing, etc.).
3. Terminal Illness
Diagnosis with life expectancy of 12–24 months.
2. Healthcare & Medicare Navigation Checklist:
Pillar III: Retirement Longevity & Military Shield
AB Global Consulting⚠️ The 401(k) / IRA Sequence-of-Returns Risk:
Withdrawing living expenses from a declining stock portfolio during the first 5 years of retirement exhausts wealth decades early. A Fixed Indexed Annuity (FIA) or IUL provides a contractual 0% floor against market losses and guarantees a lifetime paycheck.
1. 401(k) / IRA Rollover & Pension Checklist:
Bypass the escalating VGLI rate trap and evaluate SBP pension maximization before permanent elections:
VGLI Escalation Trap
Rates jump every 5 yrs ($750+/mo at 65) with $0 cash return. Lock in permanent IUL with level rates.
SBP Pension Maximization
Take 100% full pension; fund a tax-free private asset that preserves equity if spouse passes first.
2. Long-Term Care Asset Protection:
Pillar IV: Legacy, Funeral Concierge & Action Plan
AB Global Consulting24/7 Price Negotiation
Saves families an average of $3,500 by eliminating funeral markup.
24-48 Hr Express Payout
Direct wire disbursement to cover immediate cemetery and mortuary bills.
Tenzing™ Online Will
Secure, legal Will & Healthcare Directive creation software included.
Your 5-Step Strategic Action Blueprint:
abglco.com/tools/iul-calculator or abglco.com/tools/military-asset-shield.Angel Burgos, FL Lic. #G328926 / WFG F6D9U
Direct Line: (386) 333-1482 • Office: (407) 930-6226
9501 Satellite Blvd, Suite 105, Orlando, FL 32837
No Pressure • 100% Educational
*Compliance Disclosure: AB Global Consulting and licensed professional Angel Burgos (FL License #G328926 / WFG Agent Code: F6D9U) are authorized to offer life insurance, health insurance, fixed annuities, variable annuities, and funeral concierge services in approved jurisdictions. The information in this checklist is for educational and illustrative purposes only. All guarantees are backed solely by the financial strength of the issuing insurance carriers.