The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing


Subject:  Re: 7702 Private Plans (indexed universal life) Date:  3/28/2013  7:55 AM
Author:  PSUEngineer Number:  71528 of 88520

The money you put in is presumed to be pre-tax, but the GAINS are, yes, tax-free, not tax deferred.

I think you meant to say the money you put in is post-tax. You are funding it with after-tax income. Also the gains only remain tax-free if the policy does not lapse.

Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us