401k Alternative

401k’s, 403b’s, IRA’s are just a few examples of Tax Qualified plans. These plans offer a tax deduction for contributions, and then the money grows tax-deferred.

Cash-value life insurance can also be thrown into the mix as a potential retirement planning vehicle.

There is no tax deduction for money contributed to a life policy but, by properly structuring withdrawals and zero net interest loans, income distributions are tax-free.

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