Tax Preparation

What are 1035 Exchanges?

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A Section 1035 Exchange is an IRS provision allowing a tax-free transfer of an existing annuity contract, life insurance policy, long-term care product, or endowment for another such instrument of similar nature.

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What are the advantages of 1035 Exchanges?

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1035 exchanges are tax free transactions, allowing the contract or policy owner to exchange to another product that could have lower expenses or more attractive features.

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Who qualifies & why should you adopt?

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Any policyholder that is interested in exploring alternatives or upgrading their existing product should explore a potential 1035 exchange.

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This is not an offer to buy or sell any securities or perform a specific strategy. Please consult your financial advisor before exploring these opportunities.