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Blog Posts Catered To Individuals Who Want To Have Fun Making Money
One common myth about Indexed Universal Life (IUL)? People wonder if it’s tax-free, or just tax-deferred like an IRA or 401(k). The truth is, the growth can be totally tax-free, thanks to sections 7702 and 101(a) of the Internal Revenue Code. These codes outline how money inside an insurance contract can accumulate and be accessed…