Insurance Products and Taxes: Keeping Uncle Sam at Bay
by Peter Katt
Taxes are a fact of American life, with politicians promising static, higher or lower amounts during election cycles to impress various constituencies.
Taxes impact many areas of life, including life and disability income insurance. Understanding the relationship between insurance and taxes is important.
In this article
- Taxation of Disability Income
- Pension-Owned Life Insurance
- The Advantage of Gifting
- Tax-Deferred Cash Value
- Avoid Tax Deductible Schemes
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This column addresses several tax issues, with the goal of making you a more astute consumer of insurance.
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