Differences in Accessibility Between Life Insurance and IRA’s
“Make plans by seeking advice; if you wage war, obtain guidance.” (Proverbs 20:18) The government did not invent life insurance. This is good news to you as an owner of some of it. Because the government did invent all Qualified Plans (such as IRA’s, Roth IRA’s, SEP IRA’s, 401k’s, & 430b’s, etc), there is a […]
Ben’s Story of Whole Life in Action in His Life
Ben & Kim have a regular American family. The have two kids – Jack and Rick – who they love with all their hearts (and probably spoil just a little too much!). They’ve done okay financially, following a lot of financial advice that they’ve heard over the years. They’re no experts, but Ben tries to […]
When Would You Like to Start Paying Taxes?
Let’s talk about real life for a minute. Financial discussions can often devolve into philosophical numerical debates that really have no place in reality. Do you want a good theory of how to have more money in your old age, or do you want to have more money in your old age? Let’s ask the […]
The Real Tax Truth within 401k’s and IRA’s
15Then the Pharisees went out and laid plans to trap him in his words. 16They sent their disciples to him along with the Herodians. “Teacher,” they said, “we know you are a man of integrity and that you teach the way of God in accordance with the truth. You aren’t swayed by men, because you […]
Losing Your Velocity
“The simple inherit folly, but the prudent are crowned with knowledge.” (Proverbs 14:18) Another important issue when it comes to being able to access the money that you are stewarding for the Lord is Velocity. We’ve spoken before about the importance of Velocity and I’m sure we will again. Here we’ll simply give a short […]
How 401K’s and Most IRA’s Limit Investment Options
The vast majority of Qualified Plans (which would include 401(k)’s, 403(b)’s, as well as self directed IRA’s (whether they’re Traditional IRA, Rollover IRA, SEP IRA, or any other) have very limited investment options. Which means you’re not able to invest in the things that you might like to invest in. If the best investment for […]