The Latest in Congress’s Attempts to Tax the “Inside Build-Up” of Life Insurance
This article is a must read if you are planning on selling any life insurance in the next 12 months. It gives a real time look at potential legislation that would take away the tax-preferential treatment of life insurance. It also talks about the forces in our industry and in government that are mustering in its defense. If you read far enough you’ll also find some interesting insight into the original intent behind this tax-preferential status as well as some compelling statistics about which segment of the population it most benefits.