Life Insurance in the Retirement Plan

This article presents an estate planner's perspective on the purchase of life insurance inside a client's qualified plan account. Buying life insurance inside a qualified plan as a way to reduce income and transfer taxes otherwise applicable to plan assets is an idea that has been presented to clients and considered by advisors increasingly often in recent years. I believe there is nothing wrong with

This article presents an estate planner's perspective on the purchase of life insurance inside a client's qualified plan account. Buying life insurance inside a qualified plan as a way to reduce income and transfer taxes otherwise applicable to plan assets is an idea that has been presented to clients and considered by advisors increasingly often in recent years.

I believe there is nothing wrong with the basic concept: In certain cases, the purchase of a low-cash-value whole-life insu

All access premium subscription

Your subscription will include 12 months of Trusts & Estates magazine and access to premium content on WealthManagement.com.

TAGS: Archive
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish