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GoodMad_ GoodMad_
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7 years ago
Which of the following is a tax advantage associated with cash value insurance?
A) Ordinary income taxes on the cash value build-up are deferred until the cash value is withdrawn.
B) At death the face amount of the policy passes to the beneficiary free of either income or capital gains taxes.
C) Capital gains taxes on the cash value build-up are deferred until the cash value is withdrawn.
D) All of the above are tax advantages of cash value life insurance.
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Personal Finance: An Integrated Planning Approach

Personal Finance: An Integrated Planning Approach


Edition: 8th
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imoyseimoyse
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GoodMad_ Author
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7 years ago
I'll mark it solved, you deserve it
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