What is the difference between a life insurance retirement plan and a 401(k) or IRA?

What is the difference between a life insurance retirement plan and a 401(k) or IRA?

While a 401(k) or IRA is a popular retirement savings vehicle, a Life Insurance Retirement Plan offers distinct advantages. Unlike a 401(k) or IRA, a LIRP allows for tax-free distributions during retirement, provides market protection, and offers potential asset protection benefits.

Private Banking Strategies is dedicated to helping you secure your financial future with a Life Insurance Retirement Plan. Contact our experts today to discover how a LIRP can serve as a powerful tool for your retirement strategy.