401k Plans — Life Insurance

Gifting Life Insurance to Charity

Well, one thing about how I write blogs.  Whether they are written well or poorly, whether they capture the reader’s attention or not, I will get on a topic and continue to write on the same topic for a while.  We have been on the topic of various options for giving to charities, and one topic within this arena is…read more →

Various Gifting Options for Charities

There are various gifting options for charities that a charitably-minded individual might consider.  Using a self-directed IRA or 401(k) plan to donate is not necessary, however, an individual may wish to establish a self-directed plan during the accumulation years of their plan to grow their retirement account with the freed0m and flexibility they may desire.  Also, it actually may be easier …read more →

Charitable Gift Options Using a Self-Directed 401(k)

When individuals are considering charitable gift options they rarely consider the most logical source to do such gifting….the funds that are the most taxed for estate purposes.  Okay, more simply, retirement plan account funds….specifically, for most, IRA and 401(k) funds.  It almost seems as if a prospective donor never seriously considers using such funds and, in my opinion, the charitable…read more →

Self-Directed 401k Plans — Purchasing Life Insurance?!

There are many financial experts who adamantly state that qualified plans funds (e.g., 401k) should never be used to purchase life insurance.  However, there is a movement that is a brewing where more and more individuals are considering investing into life insurance contracts….typically through life cash value policies.  While this post is not providing financial advice, probably the safe rule…read more →