Benefits at a glance
- Your investments will have tax-advantaged growth inside the policy.
- Investment growth inside the policy will not impact your small-business deduction.
- You will save tax by depositing after-tax corporate dollars (instead of personal ones).
- You will have some flexibility to decide when to make contributions to the policy.
- You have access to the cash in the policy during your lifetime.
- Your heirs receive most, if not all, of the proceeds tax-free.