Sentences with phrase «lose the tax deferment»

If you name the trust as beneficiary at your death, the plan will lose the tax deferment treatment upon the transfer, but the trustee will be able to distribute the plan proceeds according to the terms set out in your living trust.

The problem with a savings account as you lose the tax deferment popular with whole life plans, but you also gain a versatility that can't be matched by any true type of insurance policy.