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[Week 11] Ask Me Anything: Is MPI® Protected From Lawsuits Like A 401k?
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Is MPI® protected from lawsuits like a 401k?
Similar to other retirement plans like a 401k and IRA, MPI® is one of the most legislatively protected assets you can own from lawsuits, liens, creditors, or judgements. Though state-law governs insurance, most provide legislative protection, making it difficult to sue a life insurance plan and the cash value inside. For business owners and individuals alike, the threat of a lawsuit is always on our minds because what we have taken years to build could be taken in a blink of an eye. Other assets such as cash, real estate, and other investments might not have such favorable legal protections to ensure your best and most secure future.
Another reason I put my money into an MPI® Secure Compound Interest Account.
Have a great week and if you'd like me to answer any questions, please email me at Curtis@MyMPI.com
Don't end up poor!
Always Be Compounding™!
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