In the News

Title

Life insurance helps with retirement planning, but beware of the pitfalls

Document Type

Article

Publication Date

5-29-2016

Abstract

Cash-value life insurance could prove to be a valuable asset for clients looking to couple an insurance need with tax and portfolio diversification in retirement. But there are some major caveats involved — namely, product considerations are complex and numerous, and using this strategy inappropriately in a retirement income plan can trigger major pitfalls for clients.