Back

taxation of insurance proceeds

Sort By Latest

Do Beneficiaries Pay Taxes on Life Insurance Proceeds?

You buy life insurance to protect your loved ones in the event that you pass away. You want them to be protected. But, what happens when they receive that money? Are the proceeds taxable? Paying taxes would certainly take away from the money they receive. Get today’s insurance rates. Luckily, most proceeds are not taxed. […]

Read more