
Spitballing the Sequence of Retirement Savings - 350
Your Money, Your Wealth
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What's the Heck Is Going On?
An index universal life policy is that your purchasing life insurance. It's after tax dollars that is going into a life insurance contract, right? The cash value of the life insurance contract is growing, tax deferred. Don't pay any tax on any of the growth within the life returance contract. When you pull the money out of the contract, it's fipo tax trement, first in, first out.
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