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2. Life insurance tax shelter - Wikipedia

   en.wikipedia.org/wiki/Life_insurance_tax_shelter

   In those jurisdictions where life insurance proceeds are only tax-free at death, tax liabilities that come due at death are often offset by a policy of the same size. Since the mathematics required to compare different strategies is quite complex, most consumers defer to an accountant or life insurance agent for advice. However, there is often ...

3. Internal Revenue Code section 79 - Wikipedia

   en.wikipedia.org/wiki/Internal_Revenue_Code...

   Insurance cash values may provide tax-free income as long as the policy is kept in force and withdrawals do not exceed the cost basis; A section 79 plan may be used for the following applications Group life insurance benefits; Deductible insurance to fund estate planning needs of the business owner

4. Whole life insurance - Wikipedia

   en.wikipedia.org/wiki/Whole_life_insurance

   Whole life insurance, or whole of life assurance (in the Commonwealth of Nations), sometimes called "straight life" or "ordinary life", is a life insurance policy which is guaranteed to remain in force for the insured's entire lifetime, provided required premiums are paid, or to the maturity date. [1]

5. IRS Section 7702: Life Insurance Tax Definition - AOL

   www.aol.com/irs-section-7702-life-insurance...

   Ordinarily, life insurance contracts offer tax-free death benefits to beneficiaries. Cash value policies can also offer tax-free growth. Cash value policies can also offer tax-free growth.

6. The Senate is targeting life-insurance policies that allow ...

   www.aol.com/senate-targeting-life-insurance...

   "Life insurance is an essential source of financial security for tens of millions of middle-class families in America, so we cannot have a bunch of ultra-rich tax dodgers abusing its special tax ...

7. Does Whole Life Insurance Make Sense to Buy?

   www.aol.com/does-whole-life-insurance-sense...

   Whole life insurance: Your death benefit remains active as long as you pay your premiums, meaning the policy will pay a lump sum at the end of the policyholder’s life. In addition, premiums ...