The living benefits of permanent life insurance are often discussed and sometimes the primary purpose of life insurance is forgotten. Premiums are paid for the primary purpose of replacing the income from a loss of life. When beneficiaries receive the death benefit, they do not pay income taxes on it because it is not income. It is for the replacement of income due to the loss of life. This will not change. I share 6 other reasons why I don't believe income tax law changes will be made on life insurance any time soon.
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Rebel Rock Wealth | Financial Strategies for Independent Thinkers
#033 Andre 3000's Advice For Your Retirement
#31 When Is A Roth A Roth?
#30 Proposed IRA Changes
#029 Reckoning With Longevity
#028 An Affordable Option for Trust and Will Planning
#027 Women Warriors for Economic Equality
#026 Nicole Barham, Design Your Wealth | Black History Month Guest Feature
#025 Gerald Carr, All-Pro Builders & Restorations | Black History Month Guest Feature
#024 Billy Keels, The Long Distance Investor | Black History Month Guest Feature
#023 Freddie Taylor, Urban Intellectuals | Black History Month Guest Feature
#022 - Who Should Have Life Insurance
#021 - What Is the Infinite Banking Concept?
#020 - Launching Rebel Rock Book Talk
#019 - Beware of #FinTok Financial Advice
#018 - MLK Jr. Fought for Economic Empowerment
#017 - Create A Pattern of Good Habits
#016 - So Long 2020. Come Through 2021!
#015 - A Millenial's Money Journey - Part 1
#014 - BONUS EPISODE - Oprah's 2020 Vision Tour Recap
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