In my previous article I discussed the benefits of tax-free exchanges under Section 1035 of the revenue code. Over the years, I have completed more than a few exchanges that truly helped the policyholder. Here are a few examples and one or more of these might apply to you:
One of the provisions of the Revenue Code that is very attractive to life and annuity policyholders is Section 1035. This provision of the Code allows you to transfer the values from a life policy or an annuity to a new contract and defer taxes on your gain. Life policy values may be transferred to a new life policy or a non-qualified annuity. A non-qualified annuity may also be transferred to another non-qualified annuity, but annuity values may not be transferred to a life policy.
Newton County continues to grow, attracting retail shops and industrial and manufacturing plants. The products made here range from the fibers used to make disposable diapers to dry cereals to golf balls.
One of my questions when I get involved in a discussion with people about a financial matter, ObamaCare for example, is "Who is going to pay for all of this?" The topic could also be something like local recreation or the new Braves stadium, and my question remains the same.
The first 100 diners at two Covington area Shane's Rib Shacks on Sunday, April 30, will get a free half rack of slow-cooked baby back ribs, a 20-ounce beverage and special edition Rib Giveaway T-shirt to kick off summer BBQ season.
Let's face it – I'm a senior citizen now and will turn 68 later this year. UGA's famous Dean of Men, William Tate, labeled turning age 65 as "statutory senility" so I'm there. In my business, I have fielded more than a few cases of seniors being targeted for various types of fraud.
Although computer based investment programs have been around for many years, the term "Robo Advisor" is a relatively new label. I can envision the Terminator placing my call on hold with the message of "I'll be back."