From: Richard Kahn

From: Richard Kahn To: Jeffrey Epstein <[email protected]> Subject: Fwd: annuity Follow Up Date: Sat, 31 Mar 2018 18:18:18 +0000 Attachments: GPI_-_5_Year Payout.pdf; Interest_Opportunity_ridetpdf Richard Kahn HBRK Associates Inc. 575 Lexington Avenue, 4th Floor New York, NY 10022 Tel 212-971-1306 Fax 646-350-0954 Cell 917-414-7584 Begin forwarded message: From: Jarad Minsky Date: March 31, 2018 at 2:00:38 PM EDT To: Richard Kahn Subject: Follow Up Rich, As a follow up to our conversation I have included the 5-year payout with the GPI product which would give him $416,820.60 per year. A 13-year payout would be the max period certain based on his age. We're not able to apply a 5- year certain on the GLI product due to his age so I have not included it to compare. In my previous email I mentioned an alternative option of using a deferred annuity instead of an income annuity to enable his beneficiaries to do an inherited IRA at his death and defer taxes over their lifetime. He would have the ability to draw out $20,000 (10% of the contract) each year and is able to lock in an interest rate anywhere from 3 to 8 years (2.5% to 3.05%). I added the interest opportunity rider information here since it has available options to protect against locking in a lower rate should we see rates rise soon. Option 1 has a .15% rate reduction but will increase the contract by .50% if the 10-year treasury increases by that amount in the first 6 months or 1 year. Option 2 reduces the current rate by .25% but will increase the contract by 1.0% if the 10-year treasury increases by the amount in the same time frame plus 18 months and 24 months out. I'm not sure if this would be of interest but wanted to make you aware of it. Unfortunately, the income annuity that pays dividends we discussed has an age 85 cutoff so I didn't include it in here. I also want to mention that if he decides to use an annuity it will likely be the last one he is able to buy unless companies extend the issue ages on their contracts. I can check with other carriers but NYL stops GLI and GPI contracts at 89 and FDA contracts at 90. EFTA00846690 Let me know if you need anything else or have any other questions. Thanks, farad Minsky Financial Adviser Doyle & Minsky Financial, LLC 175 Derby Street - Suite 8 Hingham, MA 02043 Phone: Fax: (781) 421-6631 Financial Adviser offering investment advisory services through Eagle Strategies, a Registered Investment Adviser. Registered Representative offering securities through NYLIFE Securities LLC (member FINRA/SIPC) Doyle & Minsky Financial, LLC is not owned or operated by Eagle Strategies LLC or its affiliates. If you do not wish to receive email communications from Eagle Strategies LLC and/or Doyle & Minsky Financial, LLC, please reply to this email, using the words "Opt out" in the subject line. Please copy (Doyle & Minsky Financial, LLC, 175 Derby St. Suite 8 Hingham, MA 02043) EFTA00846691