What is a l .i.r .p.?

The article presents the author's views on life insurance retirement plan (LIRP) which gives clients the tax-free advantages of a Roth individual retirement account (IRA). He offers information on LIRP which is an accumulation tool that has similar tax-free attributes of traditional retirement accounts and does not contribute to the income thresholds that trigger taxation. However, he notes that expenses can overwhelm the growth in the accumulation account unless LIRP is structured correctly.