A 1035 exchange lets you move insurance or annuity cash value without paying taxes now. Learn how it works, rules, risks and when it makes sense.

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 ...

A section 1035 exchange may provide a higher death benefit and cash surrender values than the original policy, but even if it does improve upon the old policy, it may not be the optimal solution. A ...

If you’re holding an underperforming annuity contract, dealing with sky-high fees or just looking for an annuity that better suits your needs, a 1035 exchange could be your ticket to better terms ...

With retirement nearing, Steve Parrish no longer needed the whole life policy he’d owned for 25 years. The St. Augustine, Fla.-based attorney and co-director of The American College of Financial ...

Your article was successfully shared with the contacts you provided. Annuity products are one area in which trends in contract features are constantly changing as insurance companies endeavor to more ...

A 1035 exchange can let you pay long-term care insurance premiums using a tax-free transfer from an annuity. This technique can save on taxes while providing you with desirable coverage to protect ...

Are you trying to figure out whether or not it makes sense for your client to do a tax-free Section 1035 exchange out of his or her old variable annuity into a new one? The question is certainly valid ...