1035 exchange

Life Settlements and How They Affect Taxes

by

Understanding the tax implications of replacing or selling existing life insurance coverage will help shed some light on the options available to financial advisors and policy holders looking to capitalize on the hidden value in their life insurance plans. Policy holders need to know what the tax implications are for coverage payments in advance of … Read more

Do a Tax-free 1035 Exchange of Your Old Annuity for a New One

by

If you have an old deferred annuity but feel that a new deferred annuity will serve you better, you can exchange the old one for the new one tax free. But you better consider if you’re really better off doing so. That’s what this article is about. You can exchange one annuity for another, but … Read more