Tax-Free Retirement Planning
A Tax-Free Retirement Account (TFRA) is a retirement savings account that works similarly to a Roth IRA. Taxes must be paid on contributions going into the account. Growth on these funds is not taxed. Unlike a Roth IRA, a tax-free retirement account doesn't have IRS-regulated restrictions for withdrawals.
Medicare is our country's health insurance program for people aged 65 or older. Certain people younger than age 65 can qualify for Medicare too, including those with disabilities and those who have permanent kidney failure.
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Final expense insurance is a whole life insurance policy specifically marketed to cover the expenses associated with a funeral, memorial service, reception, cremation, and/or burial. It is also commonly known as burial insurance, funeral insurance, or cremation insurance.
An indexed annuity is a type of annuity contract between you and an insurance company. It generally promises to provide returns linked to the performance of a market index.