A Roth on Roids™ is a unique program that allows for retirement savings while providing tax-free income upon retirement. This may sound similar to a Roth IRA, but there are major differences. A Roth on Roids™ is the perfect way to backstop Roth IRAs. It will also guarantee your principal, which means that you will never again lose any money in the stock market, or any other market for that matter. Does this sound too good to be true? Keep reading.
In the past, people believed the safest place to invest their money was in the stock market. In recent years, the stock market has not returned these investments; in fact, people are constantly losing money, money they have saved in their IRA for retirement. Those unfortunate people are left looking for a safe way to rebuild their savings. The only way to do this, without having to worry about losing more money, is to backstop a Roth IRA with a Roth on Roids™.
The Roth on Roids™ program involves an account with an insurance company. The great thing about this tool is that there is a minimum return guarantee. No matter what happens, your account will continue to grow. How is this possible? The Roth on Roids™ is actually a cash value life insurance policy, and it acts as a backstop to your Roth IRA. The plan has a death benefit and the rules are nowhere as strict or confining as those with a Roth IRA. There are no IRA contribution limits, no age limits and no earnings requirements. That's right, no more strict IRA rules to deal with. You simply purchase a policy, continue to make contributions, and watch your earnings grow. In addition, those earnings can all be withdrawn tax-free!
When you convert to a Roth on Roids™, you will make the most of your savings. Your contributions have no limits, so you will be able to add money to the account to whatever extent you wish. The best benefit is that your principal is guaranteed. That amount will always be there. You would never find that kind of financial security with any type of IRA. There is no other investment option that has a guaranteed minimum return. When you combine these benefits with an available death option, you will see that a Roth on Roids™ is the most powerful tool to backstop a Roth IRA.
It is now possible to regain money that has been lost in the stock market. Whether you have a traditional IRA or a Roth IRA, this new tool will beat the competition and will provide the safest and most effective way to save for retirement. You can contribute as much as you like, and then watch as your earnings continue to grow. The longer you leave the money in the account, the more you will earn. It really is that simple.