
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.