Biden's Tax Proposals Could Increase Life Insurers' Value

The American College of Financial Services
April 30, 2021

As the Biden administration attempts to shepherd its American Families Plan through Congress, many questions are being raised about how the government plans to pay for the programs outlined in the legislation, including a potential increase in capital gains taxes.

WMCP® Program Director Michael Finke says with a tax increase on the table, life insurance and other guaranteed income products could see a higher demand to soften their impact. Read more of his takeaways in this article from ThinkAdvisor.

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