Running out of tax-deferred investment options? What about this?
Q. I save the max to my 401(k) and also to a Roth IRA. I have another $400 a month I can afford to invest and I want something tax-deferred. Should I consider an annuity or other life insurance product for the investment? I already have enough term insurance.
A. You are clearly a good saver so kudos to you, but unfortunately, your choices for additional tax-deferred savings are limited.
For the answer and more click below.
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