Life Insurance?

Bruce asked: My wife and I are looking at getting life insurance. We are 28 and 32 and have two children. Is it better to get term and invest the difference or go whole life with tax deferred interest and dividends? We are looking at the Knights of Columbus for our insurance [...]

Tax treatment of Single Premium Whole life policy before tax changes in 1988?

montanadad asked: When I purchased the policy in 1987 it was sold as a “tax free” not tax deferred vehicle. It has considerable cash value and I would like to access some or all of it but I suspect that there will be some tax consequence. Most insurance people I talk to doubt [...]