Life Insurance Through Your Job Pre or Post Tax

Life Insurance Policies are not paid for with before-tax dollars. The reason for this is when your beneficiaries can get the check for your Life Insurance that money is already taxed and they don’t have to pay taxes on that money. So, if you have a $100,000 Life Death Benefit and you pass and your heirs are given that check there are no taxes due. However, if you were to pay for the premiums with pre-tax dollars, taxes would have to be paid, so Life Insurance companies don’t bother with that, they only do post-tax dollars. .

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100 Million in Future Wealth in the African American Community

Legacy Empowerment Group’s core mission is to help close the racial wealth gap in America. We believe young black children in America have the same right as anybody else for living and accomplishing their dreams. One of the major roadblocks to this coming to fruition is wealth being left behind. We believe the generational wealth is an absolute requirement to creating a purposeful and abundant African American Community. To this day Legacy Empowerment Group is responsible for over 100 million dollars in future wealth in the African American community. We are in Partnership with some of the largest Life Insurance companies in America to help accomplish our mission.

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