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Message
re: Whole Life Insurance, etc
Posted on 4/4/24 at 5:01 pm to meansonny
Posted on 4/4/24 at 5:01 pm to meansonny
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
1
Posted on 4/4/24 at 5:13 pm to Hou_Lawyer
If you are self employed, check with your tax preparer to see if business payments (business checking account or debit/credit card) can be tax deductible.
It is essentially a key man policy if you are self employed.
It is essentially a key man policy if you are self employed.
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