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	<title>New answer on: Does Life Insurance Count As Income?</title>

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		<title>By: Peggy Mace</title>

		<link>http://insurancelibrary.com/life-insurance/does-life-insurance-count-as-income</link>

		<dc:creator>Peggy Mace</dc:creator>

		<pubDate>Thu, 26 Dec 2013 21:34:20 +0000</pubDate>

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		<description><![CDATA[Life insurance that is left to a beneficiary is generally not counted as income to that person, and income taxes do not have to be paid on it. Exceptions are:
1) If the life insurance is left to the estate.
2) If the policy was overfunded so that it no longer meets the criteria for being life insurance.
3) If the proceeds are taken as an annuity, the interest is taxed.
4) Small business may find that life insurance is taxed if they do not adhere to certain regulations.

Contact an experienced agent to be sure your life insurance is set up so that the proceeds are not counted as income.


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		<title>By: Gary Lane</title>

		<link>http://insurancelibrary.com/life-insurance/does-life-insurance-count-as-income</link>

		<dc:creator>Gary Lane</dc:creator>

		<pubDate>Sun, 22 Dec 2013 01:13:12 +0000</pubDate>

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		<description><![CDATA[Life Insurance Benefits are absolutely tax free to the Beneficiary. The Beneficiary will not have to pay taxes on these proceeds.  If you have any further questions, I am happy to help. A full conference is always free of charge. Gary Lane, Registered Representative, New York Life, 949 797 2424. Thank you.]]></description>

		

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