TRC Financial Solves the Challenges of Long-Term Care for Corporate America

Irvine, CA, March 10, 2020 — TRC Financial, an independent insurance brokerage firm, announced today how it plans to solve the financial impact of long-term care (LTC) which touches nearly every American. The need to plan for long-term care is often overlooked. It is typically uninsured or not factored into a retirement cash flow plan, making it a substantial unknown financial risk.



Long-term care impacts the vast majority of Americans. Studies indicate that 70% of people turning age 65 will need some type of long-term care services in their lifetimes. Other studies show that 24% of people turning age 65 will require long-term care services for more than two years. This reality creates a significant financial cost for nearly all retirees. It is estimated that the average annual cost of long-term care will exceed $125,000 by 2031.


TRC Financial has developed a Key Person Long-Term Care Plan for businesses to fund long-term care financial risks for its team. This is done with a state-of-the-art insured benefit giving key employees the peace of mind they deserve. The premiums are non-taxable to the plan participant and the benefits are received income tax-free.


"Our firm is focused on helping corporate executives insure gaps that are often created by employer-paid insurance and qualified retirement plans. A common financial gap found in virtually all companies is the lack of insurance coverage to help protect the financial risks of a long-term care event," said TRC Financial Principal Jim Roberson. "We have developed a plan helping companies retain and reward its team by providing a tax-free long-term care benefit in retirement with minimal to no earnings impact."


An insured key person long-term care plan is a highly valued executive benefit. The Plan allows a company to pay for the premiums and deliver post-retirement tax-free long-term care benefits for plan participants. The plan is flexible and can be designed to allow the company to recover 100% or more of the premiums paid.


You can learn more and download our Key Person Long-Term Care guide by visiting our website at https://www.trcfinancial.com/key-person-ltc-plan.


About TRC Financial


TRC Financial is an independent firm that delivers a reliable and unbiased approach to acquiring and managing life insurance and supplemental benefit plans for affluent and institutional clients. Our focus centers around proprietary plan design, product placement, and administration for life insurance, disability insurance, long- term care (LTC) insurance, executive benefit plans, and private placement insurance investment accounts. We are the oldest and most established firm of its type in Southern California.


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TRC Financial Insurance Services and affiliates are presently licensed to sell insurance and annuity products, as well as other securities products in the following states: Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, District of Columbia, Florida, Georgia, Idaho, Illinois, Iowa, Kansas, Kentucky, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nevada, New Jersey, New York, North Carolina, Ohio, Oklahoma, Oregon, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Virginia, Washington, West Virginia and Wisconsin. Residents of other states should consult with a local registered representative for insurance services and securities products. Proper state registration is mandatory prior to conducting business in that state. This is not an offer to sell securities, which may be done only after proper delivery of a prospectus and a client suitability review. CA License - #0E14614 \ CA License #0B40789 \ CA License #0B52893 - The principle place of business and the state of domicile for TRC Financial is: 1 Post, Suite 150, Irvine, CA 92618. Securities offered through Registered Representatives of M Holdings Securities, Inc., a Registered Broker/Dealer Member FINRA / SIPC. Check the background of this Firm and/or investment professional on FINRA's BrokerCheck. TRC Financial is independently owned and operated and is a Member Firm of M Financial. Please go to www.mfin.com and click on “Disclosure Statement” at the bottom of the home page for further details regarding this relationship. For important information related to M Securities, refer to the M Securities’ Client Relationship Summary (Form CRS) by navigating to https://mfin.com/m-securities.

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