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re: Whole Life Insurance, etc

Posted on 4/4/24 at 3:32 pm to
Posted by meansonny
ATL
Member since Sep 2012
25999 posts
Posted on 4/4/24 at 3:32 pm to
quote:

He also put me in whole life insurance as an investment vehicle.


This hurts my heart.

Does your business pay the premium or something?

I don't like anything about life insurance as an investment.
But if you can get a tax write off on your premium (which happens to invest) I could maybe see enough benefits to offset the poopy fees/expenses.
Posted by Hou_Lawyer
Houston, TX
Member since Jun 2019
1916 posts
Posted on 4/4/24 at 5:01 pm to
quote:

This hurts my heart. Does your business pay the premium or something? I don't like anything about life insurance as an investment. But if you can get a tax write off on your premium (which happens to invest) I could maybe see enough benefits to offset the poopy fees/expenses.



No- I pay all out of pocket
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