Insurance Dedicated Funds (IDFs)Can insurance be an investment move? Insurance Dedicated Funds (IDFs) are being used to help avoid taxes during the transfer of money after a person dies…

“Many IDFs are owned inside of life-insurance policies, but they can also be held in annuity contracts, which have different tax implications. There’s no official accounting of how much money has been invested, but according to Aaron Hodari, who keeps tabs for Birmingham, Michigan-based Schechter Wealth, it’s at least $15 billion — triple what it was a decade ago…” [ Read more here ]