Although lifetime withdrawals from a MEC do not have the same favorable income tax consequences as withdrawals from a non-MEC life insurance policy, they are identical to the taxation of lifetime withdrawals from deferred annuities – a very popular product.
In our eBook, Examining MEC’s and Annuities, we take a closer look at the often misunderstood MEC and how it represents an attractive alternative to an annuity in several ways.
Fill out the form below to download our eBook today, and learn why you should begin implementing MEC’s into your practice.