901: Friday Q&A: Why You Should Maximize Tax-Deferred Plans, UTMA Accounts, Dividends on Whole Life, Asset Allocation, Business, Etc.
Radical Personal Finance
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Is the Dividend Dropped?
Dividends on a whole life insurance policy are never guaranteed. The amount of the dividend goes up and down based upon policy performance. Insurance company each year, when it closes its books for the policy year, looks at how well did our portfolio perform this year in terms of our investments. So that dividend is different for each policy and policy design.
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Transcript
