An Individual Retirement Account, or IRA, is basically a savings account with tax breaks. This type of account makes for an ideal way to save cash for your retirement. A lot of people mistakenly think an IRA itself is an investment — but it’s just the basket in which you keep stocks, bonds, mutual funds and other assets.
There are many different kinds of IRAs available to you. At 135 Group, we specialize in unique IRAs using life insurance. The benefit of an IRA account like this is to leave tax free income to your family or organization of your choosing.