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A Life Policy Can Keep The IRS From Becoming Your Beneficiary

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If you’re retired, life insurance has definite tax-free advantages. Did you know:

• Beneficiaries don’t pay taxes on life insurance benefits

• You can borrow against policies tax-free

Experts warn, however, that you use your policy for supplemental or emergency funding in retirement rather than a primary source of income. Read more…

 Ask about life policies through your association & AMBA.

SOURCE: https://www.cnbc.com/2018/08/17/this-source-of-tax-free-cash-can-sweeten-or-ruin-your-retirement.html

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