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Tax Considerations

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Individual life insurance
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Premiums- not deductible
Benefits- fax free
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Created by
mollykerr
Terms in this set (10)
Individual life insurance
Premiums- not deductible
Benefits- fax free
DI (personal)
Premiums- not deductible
Benefits- tax free
Group health & dental
Premiums- deductible
Benefits- tax free
DI (group)
Premiums- deductible
Benefits- taxable
Non qualified annuity
Premiums- not deductible
Benefits- gain taxed
Qualified annuity
Premiums- deductible
Benefits- taxable
403(b)/ TSA
Premiums- deductible
Benefits- taxable
Qualified ret plan
Premiums- deductible
Benefits- taxable
BOE DI policy
Premiums- deductible
Benefits- taxable
Long term care
Premiums- partly deductible
Benefits- tax free

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