Insurance Dedicated Funds (IDFs)What do Insurance Dedicated Funds (IDFs) have to do with your life insurance policy, and how could it impact your upcoming 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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