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What is a 1035 Exchange & When Does it Make Sense?

What is a 1035 Exchange & When Does it Make Sense?

A 1035 exchange allows you to replace an existing life insurance policy while maintaining its tax-deferral benefits. Questions to consider include: When might a 1035 exchange be beneficial? What costs and risks should you consider? How do you determine if it’s the right move? Check out our latest video to learn more!

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1035 Exchanges: What You Need to Know Before Making a Change

1035 Exchanges: What You Need to Know Before Making a Change

A 1035 exchange allows you to replace an existing life insurance policy with a new
one. This provision, under Section 1035 of the Internal Revenue Code, allows
policyholders to transition into policies that better meet their financial goals while
maintaining the tax-deferred status of their accumulated cash value.

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Meet the Improve My Life Insurance Team: Michael D. Lee

Meet the Improve My Life Insurance Team: Michael D. Lee

Every recommendation we make is carefully designed to align with the needs of our clients. As Director of Case Design, Michael Lee works closely with the team to develop tailored life insurance strategies that reflect each client’s unique priorities. Learn more about...

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Meet the Improve My Life Insurance Team: Pearl Baron

Meet the Improve My Life Insurance Team: Pearl Baron

Attention to detail and seamless coordination are key to delivering exceptional service. Pearl Baron, Executive Assistant to Ken Knox, plays a vital role in ensuring the precision and professionalism our clients rely on. Click HERE to learn more about Pearl and her...

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Meet the Improve My Life Insurance Team: Sage A. Miller

Meet the Improve My Life Insurance Team: Sage A. Miller

Meet Sage Miller! As Director of Strategy, she’s the mastermind behind our long-term growth, keeping our marketing fresh, integrating new technology, and ensuring everything we communicate stays clear and compliant. Click HERE to get to know Sage and the work she’s...

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