JBW Insurance

Why is a Life Insurance Retirement Plan so powerful???

*TAX FREE GROWTH*
The funds in a LIRP track market indexes like the S&P 500, Dow Jones Industrial Average, and more in its cash value account – and the money grows tax-deferred, just like in an IRA or 401(k).

*TAX FREE DISTRIBUTIONS*
Traditional IRAs and 401(k) allow you to build up funds tax-deferred, but Uncle Sam gets a portion of your withdrawals (i.e., tax) in the future. But a LIRP gives you the option to grow the cash account tax-deferred AND access the money tax-free.

*ZERO DOWNSIDE MARKET RISK*
While you are allowed to benefit from the growth of the underlying indexes in a LIRP, you don’t incur losses when the index has a down year. So, your gains can continue on top of previous growth, without having to “make up” for any previous loss.

*PORTFOLIO PROTECTION FROM VOLATILITY* 🛡
Even if the underlying index(es) performs poorly in a given time period, a LIRP will simply credit the cash account with a 0% for that period. This can be nice in times like the 2008 Recession and the 2020 COVID-19 crisis (and corresponding stock market dip).

*NO CONTRIBUTION LIMITS*
Unlike IRAs and employer-sponsored retirement plans, LIRPs does not impose an annual contribution limit. So, even if you have “maxed out” these other accounts, you can still continue adding to a LIRP, and in turn, keep accumulating funds on a tax-free basis.

*A DEATH BENEFIT IF YOU DIE* 💵
LIRPs are often referred to as “self-completing” because if the unexpected occurs, your loved ones will still have access to the death benefit funds on an income-tax free basis.

Contact me today for more information on how a LIRP could benefit you!

Learn how to protect your wealth and prepare for retirement with 30 year life insurance expert Gene Chapman. Starts at 9 pm est/6 pm pst. DM me for the link.

Do any of these apply to your? If so, then life insurance is needed for you and your family.

Did you know it will only cost a parent $15 to cover three young children for $10,000 whole life coverage . Help them accumulate cash to help their college fund.