Ashlee is an insurance ... tax code 7702 will help you understand how to stay within its requirements and what to expect if you don’t. IRS Section 7702 defines the requirements for a cash value ...

Variable life insurance tax benefits are essentially an IRS loophole of section 7702 of the tax code. This allows you to put cash (after-tax money) into a policy that is invested in the stock ...

The IRS has an online tool that can help determine whether life insurance policy proceeds you've received are taxable. Different types of annuities are subject to different tax treatments.