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If I borrow from cash values of my whole life insurance policy, are loan interest payments tax deductible?

Public Comments

  1. No.......you need to trash your whole life policy and buy level premium term. Insurance that accumulates cash values is a terrible investment and eats your money. \
  2. that kind of interest has not been deductible for over a decade
  3. No. Personal interest lost its tax deductibility in the 80's.
  4. No.
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