Monday, December 28, 2009

Retirement Loans How Prevalent Is It For VUL Owners To Take Tax Free Policy Loans As A Primary Source Of Retirement Income?

How prevalent is it for VUL owners to take tax free policy loans as a primary source of retirement income? - retirement loans

Under IRS tax code 7702, such loans need not be repaid. In addition to reducing the death benefit payable to the beneficiary, there are setbacks? As an investment strategy is in danger, this important legislation?

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