What is IRC 7702? “Most individuals are unaware of a little-known tax code that's available to all investors regardless of their income or net worth. The internal code section for this tax break is IRC 7702. One of its components refers to the tax-advantaged growth of the cash value inside of a life insurance policy. If properly structured, an individual has the opportunity to both grow their investment money and access their money (before or after age 59½) without ever paying taxes on the gains. ..” |