Permanent life insurance can be a major tax diversification asset | New Tax-Reduction Strategies

A life insurance policy designed as a non-modified endowment contract under TAMRA can accumulate tax deferred. And if distributed correctly, it can generate tax-free income as long as the policy is kept in force for the life of the insured. The management of the death benefit option and the face amount are critical to contain the cost of insurance. There's also a variety of crediting methods available based on the policy owner's risk tolerance. Nationally recognized product taxation expert Ken Davis is interviewed by Steve Savant, syndicated financial columnist and talk show host, on this episode of "Let's Get Down to Business." http://youtu.be/0GbNkuPk6OU

Видео Permanent life insurance can be a major tax diversification asset | New Tax-Reduction Strategies канала Ash Brokerage