Archives / 19 post/s found
Keyman Insurance: IRS Safe Harbors for Tax-Free Income
Keyman Insurance: IRS Safe Harbors for Tax-Free Income. Death benefits are tax-free if 1 of the Safe Harbors are in place. Otherwise taxable in excess of premiums paid.Keyman Insurance: Annual IRS Reporting Requirements
Keyman Insurance: Annual IRS Reporting Requirements: Form 8925 must be included with the employer’s annual income tax return.Keyman Insurance: IRS Notice & Consent Requirements
Keyman Insurance: IRS Notice & Consent Requirements must be followed prior to issuance of policy to get tax-free death benefits. More conditions at death.How much Key person insurance do you need?
What’s the impact on the sudden, unexpected loss on the Company’s ability to survive? Sudden drop in profits and revenues The loss of a top salesperson affects revenues and profits. Will…Are Keyman Insurance Death Benefits Tax-Free?
Key person life insurance death benefits are tax-free if certain steps are taken prior to issuance of the policy & certain conditions have been met at death. Otherwise, the death benefits in excess…Life insurance can be a lifesaver
She experienced the pain of losing her father when she was only 11 years old. No insurance. "We didn’t have anything. My mother was devastated." it's an experience she’s made sure her own family…Best Way to Shop for Term Life Insurance
Save money with the best way to shop for Term Life Insurance. Shop Term Life Insurance online and use a comparative quoting site that does not sell your information over and over again. Otherwise…Sequence of Returns Matters
Sequence of Returns Matters. Investment returns are variable and unpredictable. The order of returns has an impact on how long a portfolio will last if the portfolio is in the distribution stage and…Review Life Insurance Beneficiaries & Terms, Regularly
Review Life Insurance Beneficiaries & Terms, Regularly. Change your beneficiary as circumstances change. Use contingent beneficiaries and tell your beneficiaries about the policy. When changing beneficiary,…Understanding the differences in life insurance
Understanding the differences in life insurance What’s the difference between a whole life policy and a permanent policy?