Latest responses to “2011 IRA contribution limits: 3 ways to maximize your retirement tax advantages” Copyright 2013, MoneyBlueBook.com 399050 2010-11-15T13:15:25-08:00 Nick @ Sara, the answer to your question is YES! The great thing about using dividend paying whole life insurance as a retirement plan alternative is that you actually have control of your money...makes sense right? No government rules or regulations. You could use the money to do anything from buy a couch to invest in real estate. Please understand that you can't simply go out and get yourself a whole life policy and expect to have it work as your retirement plan alternative, There are some key things that must be done by someone that knows, and has experience with, this concept. @ PB I would not begin to explain how the policy is set up in a comment section, much easier in person or over the phone. would love to chat more with either of you give me a ring at 208-477-1330 399080 2010-11-12T22:23:07-08:00 Sara This is a good post and good information on IRAs. Nick, I do understand where your coming from in relation to the government, but I like the thought of using the Roth for some non standard investments such as promissory notes and income producing real estate. I have a located a company that will allow me to hold these types of investments inside the Roth and at a very competitive annual fee, www.getmyra.com. Are you able to use the Dividend Paying whole life for this type of alternative investments also? 399070 2010-11-07T09:41:11-08:00 PB how do you set up Dividend paying whole life insurance, 399060 2010-11-01T14:54:29-07:00 Nick This is good info on IRAs. However I have a hard time understanding why IRAs (whether Roth or not) are still being used. Why in the world would you risk your retirement in the stock market and why would you let the government tell you how much you can put in, when you can have YOUR money, and penalize you if you don't play by their rules? There is a vehicle, Dividend paying whole life insurance, that when set up correctly works just like a roth IRA minus all the government rules and regulations, plus many other advantages. Honestly, look at all the people who have lost hundreds and thousands of dollars from their retirement accounts in the last few years. Using a different vehicle that is safe and government free makes sense!