How does life insurance work with taxes?

One of the most valuable features of life insurance is that the beneficiary receives the death benefit income-tax free.

What Are the Tax Implications of a Life Insurance Policy Loan?

Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...
U.S. News & World Report

Life Insurance vs. Roth IRA: Which Offers Better Retirement Security?

Both Roth IRAs and life insurance policies can provide access to tax-free income in retirement. Roth IRAs have income limits, and gains generally can’t be accessed without penalty before age 59½. The ...
Business Insider

The Senate is targeting life-insurance policies that allow the rich to pass down everything from stocks to yachts to their kids tax-free. Here's how it works.

The richest of the rich can use life insurance to avoid estate and income taxes. Private-placement life insurance is perfectly legal — unless a new bill passes. A financial advisor tells BI how the ...

What Is Variable Life Insurance? Investment and Coverage Explained

Variable life insurance is a permanent life insurance policy with an investment component. Learn more about how it works and ...