The WealthAbility Show with Tom Wheelwright, CPA cover image

Insurance [6/7 Series]

The WealthAbility Show with Tom Wheelwright, CPA

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The Tax Benefits of Life Insurance

Is it the death benefit and the cash or ender benefit? Or what's going on there? Yeah, let me just use a numerical example. You do get both, but you get it paid as a death benefit. And that's so important because you want it to be tax-free. The capital gains tax at that point is not taxable.

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