added life insurance along with tax savings. After a few months/years the policy holder realizes that he has been sold a dud product and the only way to get rid of it is to surrender or make it paid-up policy. In this
人寿保险费 Life insurance premiums 3,000 10. 私人退休计划 / 年金保费 [至2025课税年] 3,000 Private Retirement Scheme / Annuity Premium [up to YA2025] 11. 教育或医疗福利的保险费 3,000 Insurance premiums for education or medical benefits 12. 费用用于: 7,000 Fees expended for: a) 在...
My mother purchased an annuity in 2016 with a $70,000 death benefit from my father's life insurance policy. She has been taking an small annual distribution form the annuity to pay the taxes on her home. She took just enough to ensure that she did not eat into the original $70k. She...