With every administration comes new tax proposals and bills, and the current administration is no different. Known as the Build Back Better plan, the Biden administration may pass a bill that limits after-tax conversions and eliminates backdoor Roth IRAs altogether. Are you aware that there is a financial vehicle out there that can help if this proposal becomes a reality in the near future?
In this episode of Money Script Monday, Kyle unveils how life insurance can be used as an alternative to the backdoor Roth IRA and accomplish the same financial goals.
Resources Provided for This Episode
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