Want to Invest Millions Tax-Free? America’s Wealthiest Are Turning to a ‘Roth IRA on Steroids’ and It’s Growing Fast
Ultrawealthy Americans are using private-placement life insurance to grow investments tax-free while lawmakers seek changes.
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Why It Matters
Very rich people are using a special kind of insurance to grow money without paying taxes on it, and it's becoming more popular. This shows how wealthy investors find different ways to keep more money, which lawmakers are now watching closely.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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