A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight… [+501 chars]
How the rich use insurance to invest in private credit without steep tax bills - CNBC
Private credit is a hot asset class but comes with hefty income taxes. Top earners can save on tax with specific insurance policies known as PPVA and PPLI.
By:Hayley Cuccinello
Source:CNBC
Published:
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