Are you saving your money that’s earmarked for the future in assets that are taxed differently??
In this episode, Justin Bennett explains the purpose of saving money in three silos: taxable accounts, tax-deferred accounts, and tax-free accounts. You will learn about the features of each account and why they each play a critical role in your optimal personal economy.
In this episode, you’ll learn:
- Which portion of a non-retirement investment account becomes taxable
- Examples of tax-deferred silos and how they differ from their taxable and tax-free counterparts
- How to take out 100% of your life insurance’s cash value without incurring a tax liability
- How many silos to include in your plan
- And more!
Listen now to learn about the three silos that Justin recommends for your growth money!