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, CLU, ChFC, CFP, CPA is interviewed in this video blog.
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Steve Savant is the host of the daily producer show, Let’s Get Down to Business, and the weekly consumer show, Steve Savant’s Money, the Name of the Game. Both shows are sponsored by Ash Brokerage. Steve is the #1 online author and videographer of insurance content. Steve has been cited on FO... More