A small piece of your retirement savings can be used to pay for life insurance, which can help provide an income tax-free death benefit.
Life insurance can be used to help:
- Pay the income taxes due on inherited retirement accounts.
- Ensure an income to a surviving spouse.
- Provide an income to a family member with special needs.
- Distribute your assets tax efficiently to your heirs.*
- Create an endowment for your favorite charity or organization.
*Consult your tax professional for more information.
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Brokerage accounts allow you to invest in a wider array of securities products, including: Mutual funds, Stocks, Bonds, Exchange traded funds.