Ask Terry Questions Tax deferred account

Tax deferred account

By Terry Savage on July 25, 2024 | Chicken Money

Heard you on WGN today about an account
That is tax deferred until 80 years old. I’m 73. Is this worth having for less that 10 yrs?

Terry Says

I was talking about QLACs — qualified life annuities. And NO, just leave your money in the bank at this stage of life!

money

ASK TERRY

a personal
finance question