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Business & Economics

Variable life insurance tax benefits are a great investment, insurance policy and tax break for the right investor

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Summary
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58% Informative

Variable life insurance tax benefits are essentially an IRS loophole of section 7702 of the tax code.

This allows you to put cash (after-tax money) into a policy that is invested in the stock market or bonds.

The insurance policies provide a death benefit to a beneficiary but also take part of your premium and invest it in long periods of time.

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