Friday, August 17, 2012

What Is Graded Benefit Whole Life Insurance?

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Saturday, August 11, 2012

Life Insurance Beneficiary Rules

While the concept of a life insurance beneficiary is simple, a number of situations and scenarios could create confusion and threaten the policy owner's wishes. Understanding the different types of beneficiaries and how to properly designate each one will ensure your beneficiaries get exactly what you had planned.

Are Life Insurance Death Benefits Taxed?

Not all life insurance benefits are received tax-free

Typically, beneficiaries do not have to pay income tax on life insurance death benefits when they are received as a lump sum. However, some insurance companies usually offer beneficiaries a choice of payout options other than a single lump sum.

In this case, a portion of these payouts may be considered taxable earnings. There are also other circumstances in which life insurance benefits may be taxed.

Friday, August 10, 2012

Allstate Share Price Rises After Customers are Exiled

Gambone articles Allstate ALL stock rises customers exiled
Recently, Allstate Corp (NYSE:ALL) shares have climbed to their highest levels in almost four years. At last friday’s market close, the share price was $37.04, up 7.36% for the week. Allstate CEO Tom Wilson expressed confidence in the company’s ability to achieve its goal of a 13% operating return on equity by 2014.

But, while Allstate shareholders may be rejoicing at the company’s better-than-expected operating profits and subsequent share price increases, the Northbrook, IL-based insurance carrier’s customer base is anything but pleased. Policyholders have been riding the proverbial roller coaster for several years while the company has struggled to find new ways of increasing profit and reducing expenses.

Monday, August 06, 2012

Taxation of Annuity Withdrawals

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Thursday, August 02, 2012

Variable Annuities Vs Mutual Funds

Variable annuities and mutual funds contain many identical features that can make the two products difficult for inexperienced investors to distinguish. 

If you are considering investing in an annuity or mutual funds, you must learn the differences between them and understand how each product may impact your financial situation.