IIA
IIA-CFSA · Question #227
IIA-CFSA Question #227: Real Exam Question with Answer & Explanation
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Question
The tax implications are to be considered in case of life insurance. As, you can take out in chunks to supplement the income, and minimize tax burden, while keeping the majority still under the tax differed status (Not to mention the benefit of Roth IRA).So, the end result of what you have is for disposable income is once again better with the:
Options
- A401K
- BWhole life Insurance
- CTerm life Insurance
- DNone of these
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