SPRINGDALE, Ark., June 26, 2013 /PRNewswire/ -- Wade Carter, financial planner and founder of NWA Retirement Services, Inc., has released his newest website, www.professionalsretiretaxfree.com, to help retirees and business professionals retire tax-free by introducing little known options to help them keep more of what they earn.
"Current tax laws allow a unique opportunity to provide tax-free income," Carter said.
Taking out an Indexed Universal Life (IUL) Policy is a great alternative to create a tax-free income for professionals who make over $160,000 a year. An IUL guarantees the retiree never loses his or her principle and allows them to capture a portion of all the market gains.
Some characteristics of an IUL include:
- Tax-Free Access to Cash Accumulation
- Protection Against Market Loss
- Avoids Probate
- No Mandatory Distribution
- Access at Any Age
An IUL allows the policy owner to keep more of their hard-earned dollars and receive tax-deferred growth and tax-free access to cash accumulation. This is especially geared toward working professionals and those who wish to save more money each year than a Roth IRA will allow.
"I find my greatest professional joy in helping my clients keep their hard-earned income and pass more of their wealth onto their heirs," Carter said.
Many retirees or those nearing retirement aren't familiar with the positive benefits of an IUL and how it can be a great retirement solution. Business professionals who are looking to make the most out of their retirement savings should ask their local financial advisor who understands how the product's features and how it can contribute to a successful retirement.
Wade Carter is the founder of NWA Retirement Services, Inc. He specializes in working with three primary groups: pre-retirees, retirees and professionals. NWA Retirement Services, Inc. is a proud partner of the Razorback Sports Network and Arkansas Razorbacks and is a featured contributor to Fox Business. You can contact Wade for more information or to schedule a consultation at (479) 725-3806.
SOURCE Wade Carter