March 2025 Council Meeting Message

Brothers, Tax Day, April 15, will be here before you know it. Do you know if your tax rate or bracket has changed?
If so, are you aware of the implications?
Your income throughout life can fluctuate, causing you to potentially end up in a higher tax bracket than
anticipated. And following an election year, each new administration can change tax brackets and tax rates. As a
result, you may not have as much disposable income or as much money to leave to family as you planned. This can
be true earlier in life, or in retirement when your income sources may change.
You can protect yourself against these potential losses and build dependable cash value through permanent life
insurance with the Knights of Columbus.
Permanent life insurance allows you to build cash value that you can access tax-free while you’re alive. You can
also create an income tax-free inheritance for your loved ones after you pass.
Of course, we always recommend that you work with a qualified tax advisor or CPA. But permanent life insurance
can be a useful tool for tax planning in a range of situations.
In partnering with you to secure your financial future and legacy, we’re fulfilling the mission of Blessed Michael
McGivney, who founded our Order 143 years ago this month.
I’d love to share how permanent life insurance may be able to help you prepare for the unexpected. If you have any
questions, please come chat with me and we can schedule a time to meet.
Thank you!