Sunday, August 12, 2012
Life Insurance As Retirement Options For Individual Investors
The investment properties of permanent life insurance are already capitalized on by the largest financial institutions on the planet - financial institutions. Bank Owned Life insurance (BOLI) is mostly designed like a single premium life insurance contract. Banks take advantage of owning permanent life insurance for that tax-free income so that as a way to circumvent a few of the expenses of providing retirement benefits to highly compensated employees. According to the State of latest York
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