How Can Insurance Help You Avoid Taxes?

Insurance Dedicated Funds (IDFs)What is an Insurance Dedicated Fund (IDF)? Many are finding that this practice is a safe way of avoiding some big taxes…

“Many IDFs are owned inside of life-insurance policies, but they can also be held in annuity contracts, which have different tax implications. There’s no official accounting of how much money has been invested, but according to Aaron Hodari, who keeps tabs for Birmingham, Michigan-based Schechter Wealth, it’s at least $15 billion — triple what it was a decade ago…” [ Read more here ]

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