Your Cash Flow Statement The slideshow presentation that you would like to view is too large for your current screen resolution. Click here to view to view the slideshow at full resolution. Launch Presentation » Have A Question About This Topic? Name Email Address Message Thank you! Oops! Related Content When Life Insurance Becomes Taxable Life insurance proceeds are generally tax-free. But not in all cases. Starting a Roth IRA for a Teen This early financial decision could prove helpful over time. Comparing Investments This calculator compares the net gain of a taxable investment versus a tax-favored one.