Canceling a life insurance policy can sound like an appealing solution for those looking to reduce retirement expenses. If you’re …
Life Settlements Blog - Retirement Planning
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 …
What is a Life Insurance Beneficiary?
In a life insurance policy, a beneficiary is the person or organization that receives the life insurance death benefit upon …
Annuity Guide: Annuities Explained
If you’re approaching retirement, you’re probably worrying about the balances in your retirement accounts. You’re not alone. Nearly 50% of …
Long Term Care Riders Explained
If you’ve been paying for life insurance for years, or even decades, you have built up a valuable asset that …
Lapsation in Life Insurance
If the policyholder’s health has significantly changed, they may be rejected and need a new policy. The circumstances that would …
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 …
End of Life Planning: Creating a Financial Checklist
No one wants to leave their loved ones with burdens after they are gone. Those who have built valuable assets …