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newsmax.com > finance > streettalk > private-placement-life-insurance-tax-free-growth-wealthy > 08/31/2026 > id > 1267848

Wealthy Turn to Customized Insurance to Slash Taxes

1+ week, 6+ day ago   (599+ words) By Newsmax Wires | Monday, 31 August 2026 09:51 AM EDT Ultrawealthy Americans are pouring billions of dollars into private-placement life insurance, using the specialized policies that permit unlimited investments that shelter investment gains from income and capital-gains taxes, The Wall Street Journal reports....