If you want to update a cash-value life insurance policy or annuity, you may have heard of the 1035 exchange. This IRS provision, based on Section 1035(a)(3) of the IRS code, allows you to exchange ...

The process of using funds from an existing annuity to purchase another annuity is commonly referred to as an annuity exchange. If the funds being used are non-qualified (i.e. not held in something ...

A 1035 exchange is a legal way to exchange one insurance policy, annuity, endowment or long-term care product of like kind without triggering tax on any investment gains associated with the original ...

A 1035 exchange allows a tax-free exchange of a life insurance policy, annuity contract, long-term care product or endowment for another of a similar structure. This means that any gains or losses ...

The right life insurance coverage or annuity policy is key to achieving financial security, but the wrong policy can not only be expensive but also can leave some clients inadequately prepared.

Learn when and how to make a tax-free switch into a new life insurance policy or annuity if your needs change Written By Written by Insurance Staff Writer, WSJ | Buy Side Kimberly Lankford is an ...

A 1035 exchange lets you make a tax-free switch from one cash value life insurance policy into another or to an annuity. This tax-free policy exchange is helpful if your needs change or you find a ...