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.

Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life insurance ...

Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...

The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

Both Roth IRAs and life insurance policies can provide access to tax-free income in retirement. Roth IRAs have income limits, and gains generally can’t be accessed without penalty before age 59½. The ...

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