One of the most valuable features of life insurance is that the beneficiary receives the death benefit income-tax free.

Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

This post has been updated as of March 28, 2024, to reflect changes to the Massachusetts estate tax exemption. There is a common misconception that life insurance benefits are not subject to estate ...

Unfortunately, the SECURE Act of 2019 made it more difficult for the beneficiaries of IRAs and other retirement accounts to ...

Are Dividends on a Life Insurance Policy Taxable? Generally, dividends on a life insurance policy are not considered taxable income by the IRS. This is often because they are viewed as a return of ...

Life insurance is a way to provide financial security for your loved ones in the event of your death. You purchase a policy and make regular payments, and the insurer will pay a tax-free death benefit ...