The Tax Code That Started a Financial Revolution (TEFRA of 1982)

In this video, I go over the Tax Equity and Fiscal Responsibility Act (TEFRA) of 1982 and how it revolutionized financial strategies and impacted retirees and U.S. banks. This video dives into the origins of universal life insurance, the pivotal role of E.F. Hutton, and the ensuing legal battles with the IRS. Learn about TEFRA's key provisions, such as the guideline single premium, guideline level premium, and insurance corridors, and their significance in tax-free growth and wealth transfer.

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'Discovery' by Scott Buckley - released under CC-BY 4.0. www.scottbuckley.com.au

The content in this video is accurate as of the filming date. Some of the offers/details mentioned may no longer be current. This is not investment advice.

FULL DISCLOSURE
I make these videos not only to educate but to help promote my practice as a professional. I hope to build trust with viewers through the videos. I understand openly stating I am Catholic can be seen as a strategy to do that. I view it as building towards working with my ideal audience, people who share my Faith.

Видео The Tax Code That Started a Financial Revolution (TEFRA of 1982) канала Daniel McCluskey