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	<title>New answer on: How Are Life Insurance Proceeds Taxed At Death?</title>

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		<title>By: Peggy Mace</title>

		<link>https://insurancelibrary.com/life-insurance/how-are-life-insurance-proceeds-taxed-at-death</link>

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

		<pubDate>Thu, 18 Jul 2013 17:56:25 +0000</pubDate>

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		<description><![CDATA[Life insurance proceeds are exempt from income tax. If there is a part of the life insurance policy that is income earned beyond the death benefit (such as dividends or interest), that will usually be taxable. Also, if the policy is a MEC (modified endowment contract), income tax would be paid. If the proceeds are  large enough to warrant estate taxes, federal estate taxed may need to be paid, depending on how the policy was set up.]]></description>

		

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