Tax Benefits Of Life Insurance


Definition of "Tax benefits of life insurance"

John Collinge real estate agent
John Collinge, Real Estate Agent Remax Dynamic Properties

Tax advantages of investing in life insurance fall into two main areas: tax deferral on untaxed buildup of earnings in such cash value policies as whole life insurance and annuities, and exclusion from federal income tax of the proceeds of a death benefit of an insurance policy.

 

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