Tax-Advantage Opportunities With Cash Value Life Insurance
by Peter Katt
As is commonly known and often expressed in my column, life insurance has exceptional income tax characteristics. The cash value build-up is free from any income tax consequences, and death benefits are entirely free from income taxes as long there hasnt been an ownership transfer-for-value.
This article highlights three situations where the tax advantages can benefit you.
In this article
- Dual-Purpose Insurance
- Unneeded Life Insurance
- Tax-Free Bond Alternatives
- Working Through the Numbers
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