If you’re approaching retirement, you’re probably worrying about the balances in your retirement accounts. You’re not alone. Nearly 50% of …
Life Settlements Blog
Welcome to the Mason Finance Blog. Your source for data-driven advice, research, how-tos, and insights — we are here to help you navigate the world of retirement finance.
Modified Endowment Contracts Explained
MEC’s are now taxed in the same manner as non-qualified annuities, which is on a last-in-first-out basis (LIFO), which means …
Cash Surrender Value
Canceling a life insurance policy can sound like an appealing solution for those looking to reduce retirement expenses. If you’re …
End of Life Planning Financial Checklist
No one wants to leave their loved ones with burdens after they are gone. Those who have built valuable assets …
Chronic Illness Rider
A chronic illness rider is an add-on for your life insurance that pays you a benefit should you be diagnosed …
How Life Insurance Payout Works
Tax Rules for Life Insurance Payouts The tax rules for life insurance payouts are straightforward. All death benefit proceeds are …
Cash in Life Insurance Policy
Surrendering Your Policy Surrendering your policy is another option. In this case, you inform the insurance carrier that you want …
Selling a Term Life Insurance Policy
A life settlement broker can provide a fair assessment of your policy’s cash value and allow you to make the …