Sentences with phrase «access to cash value unlike»

A common objection to QLACs is that they don't build or provide access to cash value unlike other insurance products used for retirement planning.

Not exact matches

Unlike a standard college fund, policyholders have access to the cash value at any time, without penalty.

But unlike the 401 (k) and IRA where the distributions are taxed, cash value accessed via loan from a life insurance policy is not subject to taxation.

Unlike permanent life insurance policies, the option to access the cash value of a policy does not exist with term life insurance coverage.

However, unlike the IRA and 401 (k) accounts, there is a way to access the cash value tax - free without incurring any penalties.