The Savings Game: The Advantages of Life Insurance Over Retirement Accounts

The Savings Game: The Advantages of Life Insurance Over Retirement Accounts
Your life insurance can support your family when you leave the world. Dean Drobot/ShutterStock
Tribune News Service
Updated:
By Elliot Raphaelson From Tribune Content Agency

Although Ed Slott (IRAhelp.com) is an expert in IRAs and other retirement plans, he consistently points out that permanent life insurance has significant advantages for long-term retirement planning. The ramifications of the SECURE Act of 2019 only magnify these advantages in contrast to investing through taxable retirement accounts.