Sentence Examples

  • If you are considering purchasing one of these whole life policies, you may want to check with your accountant first, because in some cases buying one of these policies causes tax problems as the policy builds tax-deferred cash value.
  • Retirement calculators draw financial information into one place to give an overall picture of your current financial health, including existing balances and annual contributions to 401Ks, IRAs, or other tax-deferred accounts.
  • Along with providing for your future, a 401K offers additional benefits such as an immediate tax deduction, tax-deferred growth on your savings and, in many cases, a matching contribution from the company you work for.
  • The insurance company will invest the money for growth and any taxes that are due on funds that are made as a result of the growth do not have to be paid immediately, which makes it a tax-deferred investment.
  • Permanent life insurance provides the tax-deferred accumulation of cash value in your policy which means all the accumulated cash value works for you - instead of part of it going to the government.