Can You Fund An Ira With Life Insurance?

1. 

   0 POINTS

   

   Contact David Racich Contact David Racich by filling out the form below

   
   Name
   

   
   Email
   

   
   Phone Number
   

   
   Message
   

   Please leave this field empty.
   

   Δ

   Contact Me

   view profile
   David RacichPRO

   Fountain Hills, Arizona

   You cannot fund an IRA with Life insurance premiums. You may use life insurance premiums in some qualified plans with limited contributions. Some plans allow up to 49.5% whole life insurance in an annual contribution and 25% universal life. “Seasoned” qualified plans may be able to rollover plan values into life insurance. 
   
   

   Answered on June 7, 2013

   +0

   1 0

   +1 this answer

   flag this answer

   view more answers by David Racich
Did you find these answers helpful?
Yes
No
Go!

Add Your Answer To This Question

You must be logged in to add your answer.