Not exact matches
«However,
unlike smoking, which substantially increases the likelihood of premature
death (for example, mortality from lung cancer), obesity
and associated Type 2 diabetes primarily lead to long - term disability, so that from a lifetime perspective, obesity could
tax the health care system even more than smoking.»
However, it is very important to remember that,
unlike their life insurance counterpart, annuities do NOT get a step up in basis of the account value at
death and also may result in income
taxes (in respect to the decedent) for the estate.
And finally,
unlike a 401k or IRA, your life insurance policy also has a
death benefit that is paid to your beneficiary
tax free.
And finally,
unlike a 401k or IRA, your life insurance policy also has a
death benefit that is paid to your beneficiary
tax free.
Unlike traditional life insurance, which just provides a
death benefit, or long - term care insurance that only pays for qualifying expenses, a linked benefit policy has a
death benefit, maintains a cash value
and can provide income
tax - free payments for qualified long - term care related expenses.
Unlike term policies, the
death benefit doesn't expire at a certain age
and whole policies build cash value that can be borrowed against or passed on to your heirs
tax - free — but only if you always pay your premium.
Life insurance is a better tool for providing benefits to family members after a
death than many types of savings
and investments because,
unlike those other assets, the benefits are
tax - free
and creditor - protected
and cost only pennies on the dollar.