Tax-advantaged income: life insurance and taxes
By Steve Savant
Ash Brokerage Corporation
America has become the taxation nation. The IRS code has the most complex rules of engagement that govern the lives of working Americans. Tax-advantaged products can really help mitigate ordinary income taxes, but in particular, TAMRA-compliant cash value life insurance. Steve and Ken outline the impact of various taxes and address some tax-favored features with life insurance.