Aug 8, 2025 · Learn how 1035 exchanges allow tax-free transfers between annuities, life insurance, or endowments. Understand rules, benefits, and crucial considerations for these transactions.

Aug 26, 2025 · A 1035 exchange is a feature in the tax code that permits individuals to transfer funds from an existing life insurance, endowment, or annuity policy to a new one without tax consequences.

Jul 2, 2025 · A 1035 exchange, also known as a like-kind exchange, is a legal way to swap one insurance policy, annuity, endowment or long-term care product of like kind without triggering tax on …

Aug 14, 2023 · A 1035 lets you exchange an existing annuity, life insurance or endowment policy for a new policy without paying added taxes. Learn more about how they work.

May 23, 2025 · What’s a 1035 exchange? A Section 1035 exchange lets you upgrade or replace one insurance or annuity contract for another — without paying taxes on the gains you accumulated.

Nov 30, 2025 · What is a 1035 exchange? A 1035 exchange is a provision from Section 1035 in the tax code that allows for a tax-free transfer of one life insurance policy to what the IRS terms a “like kind” …

Jun 23, 2025 · Section 1035 of the Internal Revenue Code provides a powerful tool for policyholders and annuity owners to exchange certain insurance and annuity contracts without triggering immediate tax …

The rules governing the taxation of annuity and life insurance contract exchanges are spelled out in Internal Revenue Code (IRC) Section 1035. In general, under IRC Section 1035, you can exchange …

Section 1035 is a provision of the Internal Revenue Code (IRC) allowing for a tax-free exchange of an existing annuity contract, life insurance policy, or endowment for a diferent policy or contract of like …

Dec 12, 2023 · When you do a 1035 exchange, you're trading in an annuity, endowment, life insurance or long-term care insurance contract for a new, similar contract of qualified eligibility.