JohnnyTheFox
Achilleslastand
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I have several policies with a couple of them having outstanding loans against them. I want to surrender one of them and add that money to some other cash I have saved and pay off the other one completely. Has anyone have any experience with this or advice? Someone told me the outstanding loan I have on the policy{which I inherited btw}I would have to pay taxes on at the end of the year?
