Surrendering Your Policy Surrendering your policy is another option. In this case, you inform the insurance carrier that you want …
Life Settlements Blog - Life Settlements
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.
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 …
Is Disability Insurance Worth It?
What are Modified Endowment Contracts?
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 …
What is a Retained Death Benefit Settlement?
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 …
Viatical Settlement Taxes
Again, this process is different in every state, and states do not always follow the federal guidelines. Be sure to …
