What does the perfect financial account look like to you? Let us paint a picture for you of one that is a “Swiss Army Knife” of accounts. A “Swiss Army Knife” account carries great utility to your life and financial future and can help protect you during many of life’s different scenarios that you may face. Picture an account that accumulates value over the next 30 years at a set rate per month. An account that still allows you to accumulate tax deferred value even if you are unable to make payments due to disability. Do you want to have the ability to take out money when you need it to pay for things like long-term care? And how about an account that allows you to change the ownership and beneficiaries as you please.
Accounts like this “Swiss Army Knife” do exist (there are of course terms and conditions that would need to be considered as everyone’s situation differs).
Interested in learning what your “Swiss Army Knife” account could look like? Contact us today!