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sd | I don’t know exactly what variable universal life is exactly but I do know every whole life policy I’ve ever looked at is crap once you start dissecting it. I’d be curious what these tax advantages are. The whole life agents will tell you that it grows tax free. Yes the basis of what you’ve put in is tax free, they leave that part out. And also the death benefit is tax free as is the benefit in a term policy. Typically these are 1-2 percent return policies when it’s all said and done. | |
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Variable Universal Life Insurance the new Roth IRA
