Asset Protection - Annuity and/or LI

Jun 2, 2019

  1. scagnt83
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    scagnt83 Worldwide Expert of Everything

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    An IRA is not a Qualified Plan, it is a Qualified Retirement Account, but not a Qualified Retirement Plan. There is a difference.

    IRAs do not provide the same protection as a Qualified Plan.
     
  2. Mike Siegal
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    Mike Siegal Super Genius

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    I'm not licensed in that area BUT I believe this is the same type of insurance called 'professional liability???'

    Correct?
     
  3. J2727
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    J2727 Expert

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    Yes, correct.
     
    J2727, Jun 9, 2019
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