Ask Terry Questions Roth ira and long term insurance.

Roth ira and long term insurance.

By Terry Savage on January 02, 2022 | Insurance & Annuities

Hi Terry, I’m 54 years old and I want to get a Roth IRA with an annuity attach to it. Also I can’t find and insurance company that sells whole life or universal life insurance with long term care as a rider. Would you please help me. Thank you so much.

Terry Says

You are confusing two completely different products/goals. If you already have money in a Roth IRA, you can buy an annuity type product that would include long term care. Or you can just purchase a combo life/LTC policy with money outside your retirement account. For help on these products call my trusted LTC people –Brian Gordon or Peter Florek at Murray Gordon Associates– 800-533-6242.
You can use my name or not, because I get nothing from this recommendation but the knowledge that you will be treated well and responsibly.

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