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re: Over Funding Life Insurance vs. Roth IRA

Posted on 11/7/13 at 7:50 pm to
Posted by ds1tiger
Closer than you think
Member since Apr 2006
359 posts
Posted on 11/7/13 at 7:50 pm to
Also note that you can withdraw your contributions from your Roth at any time without penalty. It can be a makeshift emergency fund if need be.
Posted by Alltheway Tigers!
Baton Rouge
Member since Jan 2004
7182 posts
Posted on 11/7/13 at 8:21 pm to
quote:

ds1tiger Over Funding Life Insurance vs. Roth IRA Also note that you can withdraw your contributions from your Roth at any time without penalty. It can be a makeshift emergency fund if need be.


Roth is not that liquid and especially not for an emergency fund.
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