How to Diversify on not Just Investment But Also Taxation - Part C

In our last blog post, we discussed the first tax treatment block.  Now, the second block.

Contribution: after-tax
Distribution: tax-free or tax-preferred
These types of accounts include:

• Tax-exempt bonds
• Roth IRAs
• Non-MEC permanent life insurance

It should be noted that life insurance is best utilized when someone is unable to contribute to a Roth IRA or need death benefit protection.

The important take away from this block is that it is possible to pay taxes on your money only once, not twice.

In our next blog, we will discuss the third block.