1035 Exchange Life Insurance To Annuity
For those who wish to upgrade their life insurance or change to annuities, one of the biggest considerations is doing so without incurring tax penalties. Certainly this can be challenging in good economic times but when economy is bad there can be additional difficulties. At the same time, the life insurance industry is taking advantage of some special alternatives. These options offer more opportunities for those with differing financial needs and objectives than are available through traditional kinds of insurance and annuities. The 1035 Exchange This is where the 1035 Exchange may come into play. Essentially, it is a section …