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