life insurance

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Synonyms for life insurance

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Any person who acquires a life insurance contract or any interest in a life insurance contract in a reportable policy sale during a tax year must make a return setting forth the--
Furthermore, the legal terms of the life insurance contract and underlying mathematical assumptions make it difficult for the policyowner to understand.
In contrast, the amount of income recognized on the sale of a life insurance contract is the excess of the amount realized over the basis of the contract.
Assuming no policy loans, dividends, or prior cash value surrenders, a life insurance contract can be surrendered with no taxable gain, provided the aggregate premiums are equal to or exceed the cash values (Q 23).
The PPA, then, allows clients to use money currently held in annuities or life insurance contracts for LTCI premiums, and on a tax-free basis.
2008, B purchased from A for $20,000 a life insurance contract on A's life, issued by a domestic corporation, IC.
The employee invests the bonus into a cash-building life insurance contract, which will serve as a retirement vehicle providing tax-free distributions.
A 412(i) plan is a qualified defined benefit plan funded entirely with annuity and life insurance contracts. The guaranteed cash accumulations in the contracts, provide the basis for funding the retirement benefits.
It includes an examination of how an insurance policy can qualify as a "life insurance contract" according to the IRC, exceptions to the non-taxability of cash-value growth and proceeds payable at death and how to ensure tax-free exchanges of insurance policies.
The amount must be received under a life insurance contract.
"It means that you can accumulate a significant amount of dollars within a life insurance contract, without being taxed by the Internal Revenue Service, he says.
A multi-attribute life insurance contract choice model is presented to assist an individual in the problem of choosing the optimal life insurance contract conditional
Tenders are invited for collective life insurance contract for the official and labor staff of the city council of el alcor
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