http://www.bankonyourself.com/401k-withdrawal-rules
401k Withdrawal Rules
401 (k) plans are the most common option used by Americans to grow a nest-egg for retirement. Let’s look at how they compare with using a Bank On Yourself plan for the same purpose:
1. Do you control your money in the plan?
Bank On Yourself
401(k) Withdrawal Rules
Bank On Yourself gives you complete control over your money in the plan. You can borrow your equity when you want, for whatever you want, and you don’t have to sell your assets to do so. Your money in the plan continues to grow as though you never touched a dime of it (if your plan is administered by a company that offers this feature). You determine your own repayment schedule
Using Bank On Yourself, one couple was able to have a total of $2.31 million over thirty-three years of retirement, primarily by redirecting money their employers weren’t matching from their 401(k) plans to their Bank On Yourself plans. That happened even though they used their plans over the years to finance new cars every four years and for foreign travel // created at http://animoto.com
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