DAK Financial Podcast

The Nature of an IRA and Why You Should Understand How it Works


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Some things we discuss in this episode:

Individual retirement account – federal government giving you a tax deduction on your income tax return.

  • Shifting priorities when it comes to IRAs
    • American industry is reliant on stocks and mutual funds which are risky
  • Put your monies in something that protects your money and helps you earn money over time
  • Recommending a fixed index annuity with an IRA
    • They are contractually guaranteed by the assurer - the principal is protected

 

Questions to ask yourself:

1. Do you have an IRA? 

2. Do you understand how your money is being protected?

 

If you want to know more about what DAK Financial Group can do for you, check out our website or send us a message on Facebook. We'd love to hear from you!

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DAK Financial PodcastBy DAK Financial Group, LLC | Retirement Planning, Personal Finances, Life Ins