[Show all top banners]

Racheeta
Replies to this thread:

More by Racheeta
What people are reading
Subscribers
Subscribers
[Total Subscribers 2]

Shyam Sundar Swonepa

poozaree
:: Subscribe
Back to: Kurakani General Discussion Refresh page to view new replies
 Roth IRA vs IUL (Indexed Universal Life)
[VIEWED 2064 TIMES]
SAVE! for ease of future access.
Posted on 12-21-14 6:09 PM     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

Hi guys,
which one is better Roth IRA or IUL (Indexed Universal Life) ? I am having hard time comparing these two and which one is more beneficial in the long term. Few of my friends are approaching me with IUL and brainwashing me. Is it a good investment ? but i also read that IUL as an investment is illegal ?

Please share your ideas if you know anything.

Thanks.
 
Posted on 12-21-14 11:01 PM     [Snapshot: 90]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

Got a feeling you got approached by an agent associated with either Primerica or Premier Financial Alliance. Some cunning agent almost had me convinced to sign up for IUL under PFA while visiting VA late this fall.

From my understanding, the main objective of those agents is to have as many Nepalese sign up for Life-Term Insurance and/or other retirement funds. They work on commission basis (no shit, right?) and these days, there's a cut throat competition to sign up as many people as possible.

I'd rather go to investopedia or go through money.cnn.com and/or several other blogs and sites that offer some ideas. At this point of time, I'd definitely advise against signing up for anything long-term.




 
Posted on 12-22-14 6:05 AM     [Snapshot: 150]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

If your are able to put money into Roth IrA you should. To me it is a no brainer. You can simply open up a vanguard account and open it up. Once you max out on Roth IRA if you still think will have money left them I think you can think of other things. This is just my opinion.
 
Posted on 12-22-14 3:07 PM     [Snapshot: 266]     Reply [Subscribe]
Login in to Rate this Post:     0       ?        
 

I don't know much about IUL...but whenever some agents describe it, it sounds too good to be true...

Riddle,
Yes i have also seen many Nepalese involved with Premier Finance Alliance these days.

Roth IRA is good i think...
 


Please Log in! to be able to reply! If you don't have a login, please register here.

YOU CAN ALSO



IN ORDER TO POST!




Within last 30 days
Recommended Popular Threads Controvertial Threads
~चौतारी १९९~
Mnang, Mustang Treking and Our Engagement
TPS FEDERAL NOTICE
हामीहरुले २० जना केटिहरुसंग सेक्स गर्नै पर्छ रे नी !
US upcoming recession --- is it good time to buy house when rates are low or is it good time to wait recession?
थुक्क प्रियंका कार्कीजी …
नफर्किने गरि नेपाल जाने सोच
TPS to GC (PERM-I140-I485) TimeLine
Free! Free! Free! - Training and placement
TPS to change of status denied ..Need help
Nepali people greencard in danger
Salary offer aako cha
Is QA/BA worth considering a career ??
♪♪♪ हामी सबै क्लबमा ♪♪♪
TPS EAD rejected: Help
When does 90 day period start after 60 day grace period: OPT
चीन र जापानमा भन्दा पहिले नेपालमा बिजुली बलेकाे थियो | 2nd hydropower project of Asia
UAT Analyst .. help needed
Invest between 20-30lakhs
अमेरिकामा एक नेपाली युवक आफ्नै ओछ्यानमा मृत भेटिए
~चौतारी १९९~
NOTE: The opinions here represent the opinions of the individual posters, and not of Sajha.com. It is not possible for sajha.com to monitor all the postings, since sajha.com merely seeks to provide a cyber location for discussing ideas and concerns related to Nepal and the Nepalis. Please send an email to admin@sajha.com using a valid email address if you want any posting to be considered for deletion. Your request will be handled on a one to one basis. Sajha.com is a service please don't abuse it. - Thanks.

Sajha.com Privacy Policy

Like us in Facebook!

↑ Back to Top
free counters