
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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