The Reasons For Including Insurance In Your Financial Strategy
Insurance may serve various purposes in a person's economic strategy, including risk reduction, improved predictability, tax benefits, and portfolio diversification. Each contributes to building a solid financial base.
Investing portfolio diversification may be aided by insurance. For instance, you may utilize it to create tax-deferred growth if you have already maxed out your eligible retirement plan contributions and are in a higher-income tax band.
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