Life insurance is a contractual agreement between an individual (the policyholder) and an insurance company. Under the contract, the insurer promises to pay a designated beneficiary a sum of money ...

Both Roth IRAs and life insurance policies can provide access to tax-free income in retirement. Roth IRAs have income limits, and gains generally can’t be accessed without penalty before age 59½. The ...

Life insurance is commonly purchased to provide financial support for the policyholder’s loved ones in the event of an untimely passing. It acts as a legacy planning tool that can provide funds for ...

Most people purchase a life insurance policy so their loved ones are taken care of when they die. But what if you wanted to cash in on that policy while you’re still alive, to pay for necessities now?

Living comfortably during your golden years heavily depends on your ability to set up sources of retirement income that will augment modest Social Security payouts. Establishing retirement funds such ...

Discover how the Human-Life Approach determines life insurance needs by considering income loss, retirement, and essential factors for financial stability.

Having worked closely with business leaders and investors, I’ve seen how retirement planning is often shaped more by perception than reality. Despite longer life expectancies and rising healthcare ...

With a focus on business owners and business needs, Principal has life insurance options that scored very well in our evaluation Written By Written by Insurance Senior Editor, Buy Side Amy Danise is ...

When the Tax Reform Act of 1986 became law, most financial professionals saw what they had lost—deductions, shelters, and loopholes. A few saw something entirely different. Buried deep in that ...

Looking for the most affordable life insurance and a policy that’s easy to understand? Take a look at term life insurance Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the ...

Planning for retirement isn’t simple. Many investors and their advisors pore over options, looking for the perfect allocation of stocks, bonds, cash and other assets. “What few of them are thinking ...

Most people purchase a life insurance policy so their loved ones are taken care of when they die. But what if you wanted to cash in on that policy while you’re still alive, to pay for necessities now?