Can I Rollover Life Insurance?

Written by

Comments

July 2, 2013

David Racich

Assuming that by “rollover” you mean exchange your existing cash value life insurance policy for a new one, here’s the answer. Under the 1035 exchange rules you can transfer from one life insurance company to another without taxation on the gain or use the proceeds to carry forward basis. A limited inventory of life insurance companies accept 1035 exchanges with policy loans.

You must be logged in to post a comment.