2 good reasons to move IRA funds to permanent life insurance

October 17, 2016 by Ed Slott

A large IRA sounds good, but it may be too much of a good thing. The larger an IRA balance grows, the greater the retirement debt that will be owed in taxes.

The IRA problem

If at all possible, debt should be eliminated before retirement. The retirees who are debt-free are proud of that fact. To most people, being debt free means having no more home mortgage, having no credit card debt and not owing any money to anyone.

Click HERE to read the full article via LifeHealthPro; free registration required

Originally Posted at LifeHealthPro on October 17, 2016 by Ed Slott.