policy library
Understanding Tax Implications of a 1035 Exchange for Life Insurance
Learn whether a 1035 exchange of life insurance triggers taxes, the rules that apply, and how to keep the swap tax‑free under IRS guidelines.
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insurance essentials
Income Tax on Surrender of Life Insurance Policy
What happens to the tax treatment when you surrender a life insurance policy? This guide explains the rules around cash value gains, policy loans, and exceptions for tax-free pa...
insurance essentials
Is the Cash Surrender Value of a Life Insurance Policy Taxable?
Learn when the cash surrender value of a life insurance policy creates a taxable event, how gains are calculated, and what exceptions may apply.
insurance essentials
Do You Pay Taxes on Life Insurance Dividends?
Learn whether life insurance dividends are taxable, how they are taxed, and what options affect your tax liability.
insurance essentials
If I Cash In My Whole Life Insurance, What Is the Tax Rate?
Whole life insurance cash value withdrawals and surrenders have specific tax consequences. Learn how cost basis, gains, MEC rules, and surrender charges affect your tax rate.
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