Have You Heard of the "Rich Person's Roth?"
Roth IRAs are one of the best ways to minimize taxes. However, many people earn too much to qualify for a Roth IRA (single filers who make more than $161K and married couples who make more than $240k). In this video, Dustin with Mundorf Wealth Management and Erin Kennedy, talk through an alternative for those high earners known as the "Rich Person's Roth." However, it's not a retirement account, it's a cash value life insurance policy, which also offers tax-free growth and tax-free withdrawals. What's more, this strategy can provide savers incredible liquidity, use, and control of their money.
If you'd like to speak with Dustin to learn whether cash value life insurance makes sense for you, simply text or call the number on the website, or book a free chat by visiting www.LongLiveMyMoney.com
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