April 25, 2013

What is a 1035 exchange? Why would you perform one? Where would you go?

8 thoughts on “April 25, 2013”

  1. Thomas Graham says:

    A 1035 exchange is a change from one (life insurance, annuity, or endowment) policy to another. You may want to do this as your life situation changes and you need more or less money in your policy. Vanguard provides the needed paperwork to complete this exchange.

  2. Mike Finley says:

    That was a tough question, Thomas. You did a pretty nice job on it. Let me add to it. The 1035 does apply to multiple types of policies, but the annuity exchange seems to be the one most applicable for many.

    Why? You got “sold” a crummy high commission and high fee annuity (usually by a broker who liked the high commissions) and you want to move it to a no commission and low fee annuity.

    Where? Thomas mentioned Vanguard and I agree on his reference. Vanguard provides many annuities at very low costs, BUT you must be careful and wise when considering this type of exchange. Will there be redemption costs when you sell from the crummy one? How does it need to happen without paying penalties? What type of investment should you select as your new annuity at Vanguard? These are all valid questions and Vanguard will be able to help you with most of them without you paying a dime. Educate yourself and make the best choice based on your particular situation. You’re worth it!

  3. Pingback: online casino
  4. Pingback: golf betting
  5. Pingback: website builder
  6. Pingback: advertising blimps
  7. Pingback: Paleo recipes
  8. Pingback: gagner de l'argent
  9. Pingback: Hi Guess the Food
  10. Pingback: ray ban aviateur
  11. Pingback: phen375 dosage
  12. Pingback: бобина
  13. Pingback: guitar books
  14. Pingback: cpi
  15. Pingback: get vigrx
  16. Pingback: garcinia cambogia
  17. Dulce says:

    Hello there! This article could not be wrtietn any better!Going through this post reminds me of my previous roommate!He continually kept talking about this. I most certainly will forwardthis post to him. Fairly certain he’ll have a great read. Thank you for sharing!

  18. Pingback: bad credit loans
  19. Pingback: bad credit loan
  20. Pingback: SEO Company
  21. Pingback: Minicabs Aylesbury
  22. Pingback: Emily
  23. Pingback: chanel outlet sale

Leave a Reply to Bubbi Cancel reply

Your email address will not be published. Required fields are marked *

The Crazy Man in the Pink Wig