State:

Tag: "featured"

Tax Free Life Insurance Withdrawal

Tax Free Life Insurance Withdrawal

author | September 1, 2010 | Comments (0)

Reader Question I need to borrow against my Life Insurance but I was told I would have to pay tax on any withdrawals. If this is true at what tax rate would I be assessed? Sincerely, Alfred in Oklahoma Thank you Alfred for your question. If you have a variable and traditional whole life policies, [...]

Read More