
5. Life insurance proceeds
According to the IRS, you won’t be taxed on the proceeds of a life insurance policy that you receive in the event of a loved one’s death. Could you imagine having to deal with that and taxed on top?

According to the IRS, you won’t be taxed on the proceeds of a life insurance policy that you receive in the event of a loved one’s death. Could you imagine having to deal with that and taxed on top?
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