Insurance: Is the income accumulating within a life insurance policy truly exempt?

For example, is the income earned within a Universal Life policy not subject to accrual taxation? If we based our answer on what we read in newspapers and in marketing brochures from insurers and firms, the answer is quite obvious.  Insurance is exempt from accrual taxation…

to read more

Advertisements

4 comments

  1. Jason Watt CD CLU RHU
    CFP and CLU Instructor

    Looks like we’re in for some mind-blowing stuff here, Richard. I linked to your Blog post from my various social media accounts. I am looking forward to what follows.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

w

Connecting to %s