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sell life insurance policy

Sell Life Insurance Policy for Cash Payout

It is within your rights to sell your life insurance policy today; online from the comfort of your home with a Life Settlement. If you qualify for a Life Settlement you can see how much your life insurance policy is worth in seconds. See How Much Your Policy May Be Worth GET FREE ESTIMATE   Read more >>

How are Life Settlements Taxed - Life Settlement Taxes

Life Settlement Tax Guide

Life Settlement proceeds are treated as ordinary income. Whatever the net proceeds from the transaction is valued will be taxed as ordinary income. The amount paid into the premiums will be treated as capital gains. The remaining net proceeds after taxes from surrendering the policy after should be compared to after-tax proceeds received by surrendering Read more >>

cash surrender value

What is a Cash Surrender Value?

A cash surrender value is the total payout an insurance company will pay to a policy holder or an annuity contract owner for the sale of a life insurance policy. To calculate your Cash surrender value, you must; add total payments made to an insurance policy and subtract of fees charged by the agency. See Read more >>

retirement blog 150x150 - What are the Top Blogs for Seniors?

What are the Top Blogs for Seniors?

Newer media can offer a breadth of perspective and information beyond what one can find through old-school means. Our curated list of the top Senior Living Blogs for 2020 – features the essential information to help make the life of all seniors better. Rather than becoming overwhelmed with the options for Senior Blogs, enjoy these Read more >>

sell policy 150x150 - What is an Annuity?

What is an Annuity?

Annuities have been around in one form or another since the dawn of time. They were used during the Roman Empire as retirement savings plans and have survived in one form or another until today. And they are more relevant and useful than ever, with many retirees depending on the income generated by these vehicles Read more >>

tax retired

Tax Season Tips for Retirees

It’s the time of year again for filing taxes. While no one wants to pay taxes, this is especially true for retirees who may have limited income or are living on a set budget. No matter the situation, there are options for retirees to help reduce taxes owed and possibly come out with a refund. Read more >>

retire united states

The Top 8 Cities for Retirement across the United States

Once you reach retirement age, it’s important that you are able to manage your finances properly. Stretching the dollars you’ve saved may mean you’ll want an inexpensive place to live out your retirement. If you’re looking for U.S. cities with a low cost-of-living, check out our list below. Best Cities to to retire in the Read more >>

life settlement math

Life Settlements White Paper Archive

Below you will find comprehensive guides to make it easier for you to understand the Life Settlement Industry. Original research and insights from the Magna Life Settlements team can be found for the following: Delving Into the Life Settlement Numbers The Math of Life Settlements [Whitepaper] The adage that knowledge is power is never more Read more >>

sell life insurance policy online from home

Nine Reasons to Consider a Life Settlement

The right life insurance policy can be an important safety net at the time it is purchased, and the injured can live for many years knowing that loved ones will be taken care of if something unforeseen happens. But such policies can outlive their usefulness, and many people fail to realize that a life insurance Read more >>

viatical settlement

Understanding Viatical Settlements

A viatical settlement is a type of life settlement reserved for those diagnosed with a chronic or terminal illness. A viatical occurs if someone who bought a policy from a life insurance company, and sells it after falling chronically ill. The cash payout from a Viatical is tax free when used to cover certain health Read more >>

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