Tax-Deferred and Tax-Free Investments
- Introduction
- Series EE and Series I Savings Bonds and the Education Tax Exclusion
- Tax-Advantaged Education Plans
- Annuities
- Cash Value Life Insurance
- Roth IRAs
Cash Value Life Insurance
In addition to providing a death benefit, cash value (or "permanent") life insurance provides tax-deferred growth. Basically, a portion of your premium goes into a savings component. This savings account grows tax-deferred. The different types of cash value life insurance include whole life, universal life, and variable (universal) life.
Whole life, considered the traditional form of permanent insurance, provides for a minimum guaranteed increase in cash value. Universal life allows you to make flexible premium payments, and your cash value increases based on current interest rates. The increase in cash value in a variable life policy depends on the performance of the sub-accounts (funds) you select. For more information, see Learning Center on Buying Insurance.
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Securities and insurance products are offered through INFINEX INVESTMENTS INC. and its affiliates, member FINRA/SIPC. Infinex Investments Inc. and Exchange Investment Services, Inc. are independent entities.
Securities and insurance products are offered through INFINEX INVESTMENTS INC. and its affiliates, member FINRA/SIPC. Infinex Investments Inc. and Exchange Investment Services, Inc. are independent entities.
Not FDIC Insured | Not Bank Guaranteed | May Lose Value | Not Guaranteed by any Government Agency | Not a Bank Deposit
This site is designed for U.S. residents only. The services offered within this site are available exclusively through our U.S. registered representatives. Infinex Investments Inc. registered representatives may only conduct business with residents of the states for which they are properly registered. Please note that not all the investments and services mentioned are available in every state.
