Imagine a world where you don’t need to pay taxes on your retirement plan. Sound too good to be true? Well, a tax-free retirement fund is entirely possible thanks to the little-known Life Insurance Retirement Plan or LIRP. It is also called the “Rich...
If you haven’t realized that tax will always increase, let this serve as a wake-up call to that reality. It has been quite clear least for the past 20 years that the day of reckoning is upon us, which is purely based on arithmetic and not a prediction. A huge...
IRA offers unique savings for retirement. Whether you opt for traditional IRA, Roth IRA, or both, these accounts will come in handy in the future. With Traditional IRA, you will need to pay your income taxes once you start withdrawals. However, with Roth IRA, you pay...
Paper or plastic. Cash or credit. PC or Mac. With May graduations upon us, “college or retirement” is becoming a must-have kitchen table conversation for Millennials (and their parents). According to the Federal Reserve, borrowers under 30 years old held...
When most of us think of retirement, we instantly think of 401(k) plans. However, new data presented in a Wall Street Journal article entitled, “The Champions of the 401(k) Lament the Revolution they Started,” suggests that 401(k) plans don’t offer...
