I've been looking at equity indexed universal life insurance to shelter tax payments. Basically it works like a roth ira where you put after tax money in and then the money grows tax free and one withdraws the money tax free. Unfortunately, the fees are rather high and one needs to be real careful about causing a tax situation. I am still on the fence whether I want to do this. If anyone has suggestions, please let me know. I am in the same position as the original poster.
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