   
|
|
1035 Exchange
|
| FYI - For 2011, Dow up, Dogs of the Dow up more (double digits) |
| |
1035 exchange refers to the provision of the US tax code which allows investors to transfer accumulated funds in one life insurance policy, endowment or annuity policy to another without incurring a tax liability. Certain guidelines must be met to take advantage of the 1035 exchange provision. For example, an endowment qualifies for 1035 exchange status only if the maturity date of the replacement endowment is no later than the maturity date of the endowment being replaced. There are many reasons an investor may seek to initiate a 1035 exchange. Access to higher interest rates is one reason for a 1035 exchange. A change in investment strategy or goals could trigger a 1035 exchange. Some investors initiate a 1035 exchange to take advantage of improved benefits or features offered by the replacement asset.
Rate this 1035 exchange definition...
|
|
Where is the market headed? The answer may surprise you. Find out
right now with the exclusive & Barron's recommended charts of Chart of the Day.
|
Popular Terms: option premium, deferred revenue, annual return, per diem, inflation, 144a, Zero Cost Collar, current ratio, 1035 exchange, labor relations, retained earnings, 401a, liquidity ratio, irrevocable trust, Key Rate Duration, risk management, debt service coverage, balance sheet, deferred tax, quality assurance, dividends payable, class C shares, ex-dividend date, stock split, ex-dividend, 1031 exchange, command economy, reverse mortgage, stock market close, EBITDA, margin rate, LIBOR, required rate of return, FICO score, VIX, limit order, APR, minority interest, open position, implied volatility, average price per share, phantom income, FTSE, real GDP, diluted share, wholly-owned subsidiary, in escrow, cancelled check, covered put
|
|
| |