Inside Buildup

Inside Buildup

These two meetings, plus the announced intention of some members of Congress and the Treasury Department to consider taxing the inside buildup of cash values, adds a note of uncertainty to our discussion today.  PAUL J. OVERBERG

1983, INDIVIDUAL LIFE INSURANCE, Society of Actuaries

President Reagan’s tax proposal [11], released in May, 1985

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If life insurance policies lose the tax deferment advantage so all interest earned on the cash value is taxed currently, universal/variable life insurance policies would become unmarketable.

1985 – Universal / Variable Life Insurance: Policy Purchase Decisions, Stephen P. D’Arcy and Keun Chang Lee

JULY 19, 1985
Impact of Tax Reform on Insurance Industry
Witnesses testified on the effects that President Ronald Reagan’s proposed tax reform will have on the Life insurance industry.
https://www.c-span.org/video/?125556-1/impact-tax-reform-insurance-industry