How to Use Insurance Products for Tax-Sheltered Growth
August 30, 2021 by Robert Powell
Annuities are often viewed as a way to manage the risk of longevity, of outliving your money.
But insurance products such as annuities have other benefits. Such products can provide tax-advantaged investment returns, says Michael Finke, professor of wealth management and Frank M. Engle Chair of Economic Security Research at the American College of Financial Services and a research fellow at the Alliance for Lifetime Income.