“I never thought something like this could happen to us," he said. "These policies were sold to us as part of a retirement ...

IUL doesn't need to be eliminated but it needs to be fixed. Here is a solution to the problems associated with IUL.

Have an issue with your financial planner or looking for a new one? Email questions or concerns to [email protected].

As millions of people approach their pre-retirement years, life insurance as an income replacement hedge may become less of a necessity.

NASCAR star Kyle Busch and his wife, Samantha, recently said they lost more than $8 million after buying a life insurance ...

Permanent life insurance policies—such as whole life and universal life—provide a lifelong death benefit and also have a savings feature, called cash value. The cash value grows tax-deferred in the ...

Based on key financial metrics such as the price-to-sales ratio, shareholder yield and the price-earnings ratio, the ...

The IRS and the Treasury released interim guidance giving new tax benefits to banks that provide loans secured by rural or ...

Illinois is one of several states choosing to decouple from the federal tax code. See what tax benefits are being excluded.

Estimates of federal revenue forgone due to the tax exemptions of U.S. nonprofit hospitals relative to the community benefits ...

FAQ: Tax Benefits of Long-Term Care Insurance. By Russ Banham. There are significant federal tax benefits in purchasing long-term care insurance, but like everything else in life ...

Long-term care insurance provides certainty that home health care and nursing home services will be available when and if they are needed. As a bonus, the IRS allows some nice tax breaks for qualified ...