There are a few good quotes to pull from this article, mainly: "Maybe the reason for the big-hype-no-details approach is that this isn't a revolutionary new idea. It's pretty much a big sales pitch to get you to buy a life insurance policy and do your investing within it - a concept that has been around for years. All the 'IRS-approved private-plan' mumbo-jumbo is just a gimmicky way to market it."
Secondly, "On paper, these plans always look terrific. But in real life there are a number of potential hitches you need to be aware of."
Of course, the best thing to do is to sit down with some good people having altering views on the subject to determine the best course of action for you. Thanks for continuing to read.
This post was reposted from http://finlit.biz/retirement-2/cloak-and-dagger-investment-pitches/, originally written on February 10th, 2013.
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