Prioritize now to avoid regret later
For some, life is like a spontaneous vacation — never planning, always moving from one place, job or relationship to the next. They live in the moment and never seem to worry about the consequences.
For some, life is like a spontaneous vacation — never planning, always moving from one place, job or relationship to the next. They live in the moment and never seem to worry about the consequences.
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.
