Can You Buy Life Insurance In An Ira? 
Can you buy life insurance for an IRA ? No , life insurance is one of a handful of items that can not be placed inside an IRA . For good reason if you think about it . If you were allowed to place a life policy inside a IRA you would write off the premium , but in doing so , the benefit would become taxable cash values and death benefit . Why would you take two strong tax advantages of life insurance to gain a few dollars tax deduction ? 