Sentences with phrase «leverage life insurance annuity»
Anyone holding a leverage life insurance annuity, or a 10/8 arrangements (another leverage insurance product) will now be subject to accrual - based taxation and no deduction will be allowed for any portion of the insurance premium paid on the policy.
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Eliminate unintended tax benefits relating to leveraged insured annuities and leveraged life insurance arrangements.
In the annuity world, it's possible to leverage an annuity and a life insurance policy for maximum benefit.