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 ...

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.

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.

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 ...

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.

Generally, term life insurance is more affordable than whole life insurance. It's active for a set period — between 10 and 30 years — and doesn't offer any payout if you outlive the term.