PPLI's annual fees ranging from 2 to 4 percent erase most tax benefits unless you fund the policy with at least $5 million in premiums.
IRS investor-control rules bar policyholders from directing any trades or pre-arranging investments, surrendering full portfolio control to their adviser.
The same ***** et-location logic that PPLI sells for between 2% and 4% annually is available free through existing 401(k), IRA, and Roth accounts.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
The pitch is seductive. Put your hedge funds, private credit, and private real estate inside a life insurance policy, let it compound tax-free for decades, then pass the proceeds to your kids income-tax-free at death. Jim White, founder of Great Oak Wealth Management, told The Wall Street Journal it is "a Roth IRA on steroids for people who can afford it and want to leave it to their heirs."
#control #Portfolio
IRS investor-control rules bar policyholders from directing any trades or pre-arranging investments, surrendering full portfolio control to their adviser.
The same ***** et-location logic that PPLI sells for between 2% and 4% annually is available free through existing 401(k), IRA, and Roth accounts.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
The pitch is seductive. Put your hedge funds, private credit, and private real estate inside a life insurance policy, let it compound tax-free for decades, then pass the proceeds to your kids income-tax-free at death. Jim White, founder of Great Oak Wealth Management, told The Wall Street Journal it is "a Roth IRA on steroids for people who can afford it and want to leave it to their heirs."
#control #Portfolio
2 days ago
