Death benefit: This benefit is permanent, not subject to income ordeath taxes, and not required to go through probate. Less risk: The policy is not directly invested in the stock market, reducing risk. Easier distribution: The cash value in IUL insurance policies can be accessed at any time...
Investors who hold their bonds for more than ten years without making any withdrawals can receive their earnings tax-free, although different formulas determine this in different countries. This ability to reduce taxes by holding the insurance bonds for longer than ten years is the main advantage o...
First, let's look at the history of oil production in the U.S., shown in the chart below. The vertical axis is scaled with a unit of power, exajoules (EJ) per year, very close to quadrillion BTUs (quads) per year. To convert from EJ/year to millions of barrels of crude oil ...
Regardless of the validity of those arguments, it does appear that the oil is now going to be fed as it is produced to two new refineries that have been planned in the Kingdom. These are at Jubail, which is expected to be completed in 2013 and will handle 400 kbd of oil, and the ...
Both life insurance and annuities delay taxes on your earnings while the money stays in the contract. With life insurance, you can withdraw up to what you paid in premiums tax-free. If you withdraw your gains, you owe income tax on them.5 ...