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10 Reasons to Own a Life Insurance Retirement Plan (LIRP)
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10 Reasons to Own a Life Insurance Retirement Plan:
1. Freedom to spend other assets in retirement
2. Increase social security benefits for self and others
3. Tax diversification
4. Asset allocation
5. Cash reserve for emergencies
6. No required minimum distribution
7. Accelerated death benefit rider for when life happens
8. Supplement to college savings fund
9. Potentially, no contribution limit
10. No pre-age 59 1/2 10% tax penalty
SUBSCRIBE and FOLLOW
IG: shawn_rider_ TikTok: shawnrider_mentor
1. Freedom to spend other assets in retirement
2. Increase social security benefits for self and others
3. Tax diversification
4. Asset allocation
5. Cash reserve for emergencies
6. No required minimum distribution
7. Accelerated death benefit rider for when life happens
8. Supplement to college savings fund
9. Potentially, no contribution limit
10. No pre-age 59 1/2 10% tax penalty
SUBSCRIBE and FOLLOW
IG: shawn_rider_ TikTok: shawnrider_mentor
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