Episode 437: Pay Your Kids Through Your Business, a Roth IRA plus Bank on Yourself® Strategy
In this episode, we ask: Did you host a lemonade stand as a kid? What is the spark for real financial freedom? What about setting up a legacy? What about teaching the kids how to build wealth? Who wants to plant an oak tree for the kids?
Not Your Average Financial Podcast™
January 16, 202627m 16s
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Show Notes
In this episode, we ask:
- Did you host a lemonade stand as a kid?
- What is the spark for real financial freedom?
- What about setting up a legacy?
- What about teaching the kids how to build wealth?
- Who wants to plant an oak tree for the kids?
- What about tax free income and tax free lifetime income?
- Does this work for adults?
- What strategies put you in control?
- What is a fixed indexed annuity (FIA)?
- How can one supercharge them with Roth IRAs?
- Would you like to hear Episode 238?
- Would you like to hear Episode 213?
- What allows you to contribute overtime with flexibility?
- What about losses?
- What about gains?
- What about compounding?
- What about taxes?
- What happens to that account down the road?
- Do kids get better rates on annuities than adults?
- What can Roth IRAs hold?
- What are the tax rules?
- What about required minimum distributions (RMDs)?
- What about earned income for children?
- What about a child that earns a W2?
- Can you hire your kids?
- … and more!
