The Internal Revenue Code does not explicitly provide for the tax treatment of increases in the cash surrender value of a life insurance policy unless those values are accessed, directly or indirectly ...

Many people use annuities to help them with their investing goals, but the terms of annuity contracts can be extremely complicated and tough to understand. Knowing the current cash value of an annuity ...

The Tax Court held that the value includible in a taxpayer’s gross estate for a receivable created under split-dollar life insurance arrangements was the stipulated value of the receivable created by ...

A growing number of seniors are facing challenges to achieving financial security in retirement. From rising healthcare costs to the economic turmoil caused by Covid-19, financial stressors are ...

When applying for Medicaid many people often forget about life insurance. But depending on the type of life insurance and the value of the policy, it can count as an asset. In order to qualify for ...

FORT WASHINGTON, PA — Coventry has introduced its Enhanced Cash Value program, offering seniors a more lucrative alternative to the standard cash surrender value for their Universal Life insurance ...