The basics of cash value
A portion of premiums in permanent life policies (whole life, IUL, universal life) builds cash value - a living asset you own. It grows tax-deferred and can be accessed via policy loans, often tax-free, with no early-withdrawal penalty.
Common strategies
Supplemental retirement income, college funding, business opportunities, real estate down payments, and emergency liquidity without disrupting your market investments during a down year.
Common questions
Do I pay taxes on loans?
Policy loans are generally not taxable while the policy remains in force. If a policy lapses with an outstanding loan, the gain becomes taxable.