The Rich Man’s Roth – or Rich Person’s Roth can refer to a few different investment vehicles, but the general principal is that it provides a way for those that take advantage of it to maximize their tax-free retirement income.

By building up a cash-value life insurance policy which allows your investments to grow tax-free it also allows a tax-free withdraw as well, which allows you to live a tax-free retirement. This has many advantages over a Roth IRA or a Roth 401(k) as contributions to those vehicles are not tax deductible.

Some of the major benefits of a Rich Man’s Roth include:

• Tax Free income in retirement
• No contribution limits
• Retirement benefits for those that need more in retirement than a Roth IRA allows (or you make too much to contribute to a Roth IRA

If you would like to learn more about how to set one of these up for you and your family – please explore this site or some of our partner sites linked to.