MAGNA LIFE BLOG

How Do Life Settlements Work

Sell Part of Your Life Insurance For Cash

Many seniors who are informed about life settlements view the sale of their life insurance policies as an all-or-nothing proposition, but policies don’t actually need to be sold in totality. In some cases, a Retained Death Benefit (RDB) offer might better serve the needs of both retirees and their family. The reasons for entering into Read more >>

Life Settlement Taxes

Tax Considerations

Life Settlement Tax Considerations It might seem that tax codes are designed to confuse the average American, but seniors looking to maximize their retirement income will benefit greatly from understanding tax revisions that can make life settlements more favorable. Magna’s “Life Settlement Tax Considerations” to the changes in the tax laws and their effect on Read more >>

Man holding pen pointing at graph

Conning Report Reviews Robust Life Settlement Year

The face value of total life settlements has increased for the second consecutive year, signaling a promising landscape for the settlement market, according to the 2018 Conning Report released in November. The report, entitled, “Continued Growth, Positive Outlook,” includes an overview of the life settlement market, an examination of the factors that drive settlements and Read more >>

Trends in Today’s Aging Americans

Everyone who works with seniors knows that the American population is older than ever before, but what are the broader implications of this upward aging trend? How can people over 65 and their advocates optimize the retirement years? Dan Veto, a senior advisor for Age Wave, addressed these questions in depth at the Life Insurance Read more >>





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