Tax-Free Wealth: Muni Bonds & Life Insurance Strategies

Building a substantial wealth portfolio involves strategic planning and understanding of various financial instruments. Tax-free wealth strategies are essential to this planning, offering avenues to grow your investments while legally reducing taxes. By employing tactics focusing on tax-exempt securities such as municipal bonds and considering life insurance policies with cash value components, you can enhance …

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How Life Insurance Companies Master Diversification in Asset Management

diversification by life insurance asset managers

In today’s fast-paced and unpredictable financial landscape, managing risk and achieving consistent returns is more important than ever. Life insurance companies have emerged as experts in this field, utilizing their vast resources and expertise to create well-diversified investment portfolios that deliver long-term value to policyholders. In this article, we will explore the factors that contribute …

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Is Whole Life Insurance a Tax Shelter?

whole life insurance can be an effective tax shelter

When you read or hear the words tax shelter it probably doesn’t conjure images of using whole life insurance. But whether or not whole life is actually a tax shelter depends on how you define it more than anything. It’s not a tax shelter in any sort of the more shady ways that people discuss …

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Can You Convert Your 401k to Whole Life Insurance?

Should you consider converting a portion of your 401k to whole life insurance?

Most people that are asking about converting funds in their 401k over to a whole life insurance policy are looking for one thing—to convert money that will be taxable at some point (tax-deferred) over to dollars that are tax-free. You can make the conversion but not directly and not without paying taxes. For decades, it …

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Should you Hire a Fee-Only Insurance Advisor?

Should you Hire a Fee-Only Insurance Advisor?

Fee-only insurance advisors provide advice on insurance-buying decisions free of the potential conflicts posed by commissions.  Fee-only advisors receive compensation through a fee you agree to pay them for their work.  In exchange for their fee, these advisors will review the facts of your specific buying situation, insurance proposals you received from agents, and make …

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How Does the Guaranteed Insurability Rider Work?

How Does the Guaranteed Insurability Rider Work?

The guaranteed insurability riders, also known as the future purchase option, future increase option, guaranteed purchase option, or guaranteed increase option rider, allows the insured of a life or disability insurance policy to purchase additional coverage without going through a new medical exam. This rider can help an insured purchase additional amounts of insurance when …

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What Happens to Your Life Insurance When You Retire?

Do you still need life insurance after you retire?

When you retire, you have the option to continue paying for the life insurance you had while you were working or buying your own policy that is not connected to your employer at all. For most people, the type of group life insurance  (offered at work) that costs almost nothing while working becomes very expensive …

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Should You Buy High Early Cash Value Life Insurance?

You should buy high early cash value life insurance if you have a need or desire to quickly accumulate cash value in your life insurance policy. After reading that, you may be asking yourself, “why wouldn’t everyone want to grow their cash value as quickly as possible?” That’s a fair question and one with a …

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