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Life Insurance - The If, When, & Why It May Be A Good Option

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Questions From The Viewers - FAQs of Life Insurance!

In this episode of After The Paycheck, Adam asks viewers' questions on the topic of life insurance to Sam. Questions answered include:

  1. What is the difference between Term & Permanent Life Insurance (and which one is best for me)?
  2. Should I contribute to my 401(k), Roth IRA, or look in to a cash value life insurance policy?
  3. If I have permanent Life Insurance, when can I access the cash value? What are the penalties?
  4. Are distributions from a permanent life insurance policy considered part of my income tax?


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