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Investor Insight: Tax-Exempt Insurance Policies

Steve Stavridis - Mar 08, 2016
The Department of Finance's latest proposal to update the exemption test includes changing the assumptions used in determining the tax-exempt savings component

The Department of Finance's latest proposal to update the exemption test includes changing the assumptions used in determining the tax-exempt savings component of certain life insurance policies to limit how much individuals can hold in the cash portion of their policies on a tax-exempt basis.

 

Click here to learn more about tax exemptions on life insurance or annuities.