1. 61667 POINTS
    Steve Savant
    Syndicated Financial Columnist, Host of the weekly talk show Steve Savant's Money, the Name of the Game, Scottsdale Arizona
    A qualified defined contribution plan is a good place to begin. The contributions are pretax or tax deductible, the account accumulates tax deferred and some employers actually match portion of your contribution. But id your employer doesn't offer a plan and you're in a low tax bracket, you may consider a non-qualified plan like indexed universal life.
    Answered on August 22, 2013
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