Thursday, November 03, 2005

 

Life Insurers Taken Aback by Proposal to Tax Cash Values

A coalition of life insurers and life insurance producers is crying foul at a federal advisory panel's proposal to begin taxing the cash value on whole life and annuity policies as current income.

Life Insurers Taken Aback by Proposal to Tax Cash Values
Source: A.M. Best (subscription required)

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