An Advisor’s Guide to Frozen Cash Value Life Insurance

Ever since the Internal Revenue Service’s introduction of the safe harbor rules for private placement life insurance (PPLI) in 2003, this vehicle has steadily grown in popularity.¹ Interest in the product has been even more robust lately, as families face higher income tax rates (after the repeal of the Bush tax cuts at the end of 2012) and the new Medicare tax on investment income. Maybe because people are beginning to expect better