Use Life Insurance to Protect IRA Funds | Company

Life insurance is not only the biggest benefit of the tax code, but it’s also the most cost-effective way to protect a large IRA,” said Ed Slott, CPA.

The SECURE Act makes life insurance a much better estate planning vehicle than an IRA. By tapping into IRA funds at today’s low tax rates and investing in life insurance, you will enjoy the following benefits.

Wm. Steve Wright is a managing member of the Wright Legacy Group, which coordinates the weekly Focus on Finance column.