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What happens to my life insurance
policy in my TSA after I retire?
Your life insurance policy cannot be rolled over
to your IRA. You have one of two choices. You can either surrender
your policy and roll over the proceeds to an IRA or keep the policy
in force to retain the benefits of the life insurance protection
and the policy's cash value. If you do the latter, the cash value
of the policy will be a distribution to you and will be included
in your gross income.
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