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CPA

Do you know one of the best tax shelter strategies will be gone in 6 months?

on Wed, 06/15/2016 - 12:53

Here is the reason why you want to revisit getting a permanent life insurance policy (especially if you have a corporation).

Permanent life insurance policies had been regularly incorporated by financial professionals as a part of tax shelter strategy for decades. Since market crash, life insurance had been we comely used as investment strategy, NBC News' report in May 2008. Come 2017, that benefit will drop substantially. 

To make it easy to understand, when any tool allows the saving/return portion over and above its original purpose, it is an investment vehicle.