Results for Insurance Annuities

The insurance company told me that this would be a Taxable event and would send me a 1099R upon distribution of the asset. How do I not pay taxes on it? I read the IRS Code and it looked like this was a non-taxable event according to my understanding of the Will and the IRS Code about Estates.

Life Insurance Policy Connector already matched Massachusetts residents to $4.1 million in benefits.

The Treasury Department has proposed rules that may encourage consumers to purchase longevity insurance.

Are you aware of the tax advantages of life insurance, not found in other financial assets, that can help to protect, accumulate, and transfer wealth?

You probably know saving for retirement is a big deal. If you like the idea of eventually being able to enjoy life without relying on work, you’ll want to contribute to an IRA, take advantage of an employer 401(k) match, or better yet, do both. But there’s another option you may not haven’t considered in your retirement plan: annuities. Here’s a primer on what they’re all about.

Your clients don’t need all the details. All they want to know is how they can live a comfortable retirement.

Many retirees are using annuities to prepare for retirement, but is an annuity right for you? Read here to discover more!

Annuities are touted as the “cure” for all that ails your retirement. Baby Boomers and retirees need to decide if an annuity is the best product for them.

A qualified life annuity contract helps retirees with guaranteed payments to last their entire lives.

How to decide if annuities are right for you. Basically an annuity is essentially a contract between you and an insurance company. Annuity is a fixed income ...