What is a modified endowment contract (MEC)? (2025)
A Modified Endowment Contract (MEC) is a life insurance policy that fails the IRS’s 7-pay test, resulting in different tax treatment compared to standard life…
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A Modified Endowment Contract (MEC) is a life insurance policy that fails the IRS’s 7-pay test, resulting in different tax treatment compared to standard life…
→ Read MoreOur Safeco auto insurance review finds that rates start at $35 per month, offering affordable coverage for cars, motorcycles, RVs, boats, and even homes through...
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