There’s no time like now to plan for retirement
Want to retire in good financial shape? Here are some tried-and-true tips from local experts Kathy Rogers and Janera Harvey.
by Janera Harvey | Aug 9, 2022 | Life Planning
Want to retire in good financial shape? Here are some tried-and-true tips from local experts Kathy Rogers and Janera Harvey.
What if you could use the magic of compound interest for decades (i.e., a child policy), yet never pay taxes above basis because you take distributions as a loan?
It is not deemed as income, is not subject to required minimum distributions, and will not affect taxation on social security if in a life insurance policy. Death benefits are tax-free as well.
As a parent or grandparent, you can leave a legacy by using the magic of compound interest.
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