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

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

Life insurance is one of the first investments that many people make when solidifying their financial future. There are a lot of terms that are unique to life insurance, and some can be confusing. If ...

Transfers of property after June 30, 1969 in connection with the performance of services are governed by IRC Section 83. For transfers before February 13, 2004, Treasury Regulation Section 1.83-3(e) ...

Cash value life insurance is a type of permanent life insurance that uses your monthly premiums to build value within the policy. Cash value life insurance combines the benefits of life insurance with ...

Meagan is a former Series 7 financial advisor and current writer focused on blending straightforward information with a dose of humor on topics including equity investments, insurance products, and ...

Life insurance is designed to provide financial protection, but life happens, and your needs might shift. If you have a permanent policy, it could have built-up cash value, giving you the option to ...

Cash value life insurance combines savings with a death benefit; more costly than term insurance. Policyholders can use cash value for loans or withdraws, impacting the ultimate death benefit.