Insurers Would Feel Impact of GOP Tax Reform
November 2, 2017 by John Hilton
The House GOP’s ambitious tax reform plan does not change the tax treatment of retirement plan contributions, but it touches virtually everyone and everything else in some way.
That includes life insurers.
The estate tax exemption would double immediately from the current $5.6 million for individuals and $11.2 million for couples and would be repealed in 2024. That means a decreased need for big-case life insurance policies.
Click HERE to read the full story via INN; subscription required.
Originally Posted at InsuranceNewsNet on November 2, 2017 by John Hilton.
Categories: Industry Articles