So You Think You Know Everything About Income Taxation of Life Insurance—Well Think Again!!

Donald O. Jansen
University of Texas
Austin, Texas
Thu, 12/05/2013 - 11:15am to 12:15pm

This presentation will examine why income tax exemptions for death proceeds and cash value accumulations are not always available (transfer for value, EOLI and policy sales); deductibility of interest on policy loans is hardly ever available; accessing cash value may or may not be tax free; the definitions of policies for tax purposes are actuarial; policy exchanges aren’t always tax-free; and will explore other little known aspects of the income taxation of policies.