We pay into a whole life insurance policy that can be used for retirement, can this be written off?

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We pay into a whole life insurance policy that can be used for retirement, can this be written off?

No. Contributions to life insurance policies are not deductible (and death benefit proceeds are not taxable).

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We pay into a whole life insurance policy that can be used for retirement, can this be written off?

No. Contributions to life insurance policies are not deductible (and death benefit proceeds are not taxable).

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