Supplemental Retirement Income
Supplemental Retirement Income
You’ve worked hard your whole life. You’ve saved as much as possible. You’ve retired. And now you need income. Using a Tax-Qualified account to fund your life insurance policy can be a great way to save for retirement. Tax-Qualified accounts are popular for three clear reasons:
- Contributions can be made with pre-tax dollars
- Sometimes, employers “match” a percent of employee contributions
- Contributions grow tax-deferred, meaning income taxes won’t reduce your growth while the funds are inside the account
Learn about the role of life insurance in retirement planning
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