Qualified Money to Life Insurance
- Doug Andrew
- David McKnight
- 72T / SEPP /
- LIRP - Life Insurance Retirement Plan
- 2012 - LC - BERNICE F. BAMBULIS vs. PROTECTIVE LIFE INSURANCE CO.
- Civil Action No. 11-2256
- United States District Court, E.D. Louisiana.
- 2012 1211 - [Google Scholar]
- This action arose over the termination of a life insurance policy and an alleged misunderstanding over the tax consequences of that closure.
- On June 20, 1988, Kemper Investors Life Insurance Company ("Kemper") issued a single-premium life insurance policy to Bambulis. (Rec. Doc. No. 26-1, at 1).
- Along with the Surrender Form, Plaintiff enclosed a letter to Kemper, indicating her belief that no tax should be owed for the surrender of the Policy because the Policy was purchased with the proceeds of a 401(k).
- Accordingly, for the reasons stated above, IT IS ORDERED that Defendant's Motion for Summary Judgment (Rec. Doc. No. 26) be GRANTED.
- 1995 0205 - Green Bay Press-Gazette - Don't pillage IRA to buy Life Insurance - Newspapers.com
- New England Life
- Sanford Guritzky
- Peter Katt
- New England Life
