Are you worried about RMD on your 401(k)?
If you’re nearing retirement, Required Minimum Distributions (RMDs) on your 401(k) might feel like a ticking tax time bomb. Once you hit age 73, the IRS mandates you to withdraw a portion of your retirement savings annually—whether you need the money or not—potentially pushing you into a higher tax bracket. But what if there was a way to reduce this burden and create a tax-advantaged income stream?
Enter the Flex Method. By leveraging an Indexed Universal Life (IUL) policy, you can redirect funds from your 401(k) or IRA into a tax-free growth vehicle. This strategy not only eliminates RMDs but also shelters your wealth from market volatility. The cash value in an IUL grows tax-deferred and can be accessed tax-free through policy loans, providing a steady income in retirement without triggering additional taxes.
Enter the Flex Method. By leveraging an Indexed Universal Life (IUL) policy, you can redirect funds from your 401(k) or IRA into a tax-free growth vehicle. This strategy not only eliminates RMDs but also shelters your wealth from market volatility. The cash value in an IUL grows tax-deferred and can be accessed tax-free through policy loans, providing a steady income in retirement without triggering additional taxes.
