Is A Roth IRA Better Than A Life Insurance Policy? 
Video Transcript : Hello , everyone , I 'm Steve Savant , syndicated financial analyst and host of the weekly online talk show , `` Steve Savant 's Money : The Name of the Game '' . I 'm answering questions from InsuranceLibrary.com , and the famous question that we get all the time is , `` Is the Roth IRA better than a life insurance policy ? '' Well it is kind of tales of two cities . Many times , if I want to be in two different funds , I can get both funds inside a life insurance contract or a Roth . Roth has limitations to it as far as how much I can put in to it . So some people will buy a Roth , and I think it is a good idea , especially when you are looking at placing basic-interest-rate-earned-annuity in to it , or mutual funds . It just depends on what you are using it for . But life insurance , they do n't have the same limitations , and remember , it has a death benefit to it . So when you are looking at it , both of them have to be long-haul in their thinking . They both accumulate tax deferred , and when the money comes out , if set up correctly , it should come out tax-free . It is a great idea , both of them , as a supplementary retirement income play when you are thinking about your retirement portfolio . Well , that is our consumer question for today . If you have any questions , just submit them to www.InsuranceLibrary.com . 