Consider insurance, annuities if 'maxed out'
Friday, August 31, 2007
Many people rely on their IRAs and 401(k) plans to help them pay for their retirement years --and for good reason, because IRAs and 401(k)s are excellent retirement-savings vehicles. But once you reach the point where you are contributing the maximum amount to your IRA and 401(k) each year, what else can you do to build resources for retirement? You might want to consider annuities and cash value insurance.
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