Tax-Free Retirement Life Insurance

Overview

When you are ready to retire you’ll likely want to maintain a lifestyle similar to the one you had before. However, if you have to pay taxes on your retirement fund, that can take a large chunk of your earnings. Your life insurance policy can be a great avenue to follow when trying to grow your retirement fund tax-free. That way when it comes time to retire, you can withdraw your basic amount along with continued policy loan withdrawals tax-free during your lifetime.