Unpaid loans and withdrawals minimize dollars values and plan benefits and could also reduce the length on the assurance towards lapse; this can result in the policy to lapse and/or have tax implications. If a policy is a Modified Endowment Contract (MEC), distributions (including loans) are taxable to your extent https://iultaxbenefits34432.designi1.com/54244805/not-known-details-about-check-out-this