Make Life Insurance Tax Deductible

Can You Make Life Insurance Tax Deductible?


Purchasing life insurance within a qualified plan may offer business owners a practical and tax-efficient way to fund needed personal life insurance protection. Why a qualified plan?

* Tax-deductible premiums
* Pre-retirement death benefit
* Death proceeds in excess of cash value received potentially tax-free
* Increased diversification among plan assets
* Potential for added creditor protection

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