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Life insurance can give you supplemental income in retirement. Westend61/Getty Images The decision to purchase life insurance is often a simple one when you have loved ones who depend on your income.
Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life ...
American Income Life insurance company was not rated by JD Power, but its parent company, Globe Life received a 631/1,000 in customer satisfaction, placing 16 out of 22 life insurance companies in ...
Permanent life insurance lasts until death and can build cash value over time, with some significant tax benefits. But it isn’t right for everyone.
However, it should never be your entire retirement income strategy. There is an array of people pitching crazy tax-planning strategies using life insurance that are likely not appropriate for ...
A high cash value life insurance policy can facilitate tax-advantaged growth that standard retirement accounts may not be able to match. Here’s how it works.
A life insurance benefit can be a windfall that, if invested wisely, can significantly boost your income. Here are some ways to get the most bang for the bucks.
Though a $500,000 life insurance policy may be enough for some people, it won’t be enough for everyone. You should purchase a life insurance policy that meets your financial goals. For instance ...
The life insurance coverage gap seen with middle-income Americans is also seen in women, who, according to the study, were less likely than men (46% vs. 57%) to report that they own life insurance.
Spoiler alert. The answer is typically yes. Life insurance is worth the premiums, even for seniors. Find out how affordable a life insurance plan can be now.