One of the most valuable features of life insurance is that the beneficiary receives the death benefit income-tax free.

Taking out a loan against your life insurance policy does not count as taxable income. Learn how a taxable event occurs if ...

Learn how the income exclusion rule categorizes certain incomes, like certain interest and child support, as tax-free, ...

Knowing when life insurance is taxable and how to avoid taxation can help families ensure their loved ones get all of their policy’s proceeds. (iStock) Life insurance is designed to pay out a death ...

Life insurance annuity, a hybrid financial product, seamlessly marries the risk protection of life insurance with the income ...

Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life insurance ...

The richest of the rich can use life insurance to avoid estate and income taxes. Private-placement life insurance is perfectly legal — unless a new bill passes. A financial advisor tells BI how the ...

The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. The primary purpose of life insurance ...