Sentences with phrase «access to the cash portion»

Like the idea of getting access to a cash portion of your life insurance tax free before you're dead

There are also several unique tax benefits, such as tax - deferred cash value growth and tax - free access to the cash portion.

Not exact matches

The convenience of accessing cash when desired, while only getting charged interest on the portion used is very attractive to some homeowners.

Jane may be able to use a Reverse Mortgage to access a portion of her home equity as cash.

With a cash out refinance, you could access a portion of that available home equity in cash, and add that amount to the principal when you refinance into a new home loan.

A reverse mortgage is a loan against your home that can help you access a portion of your equity to receive tax - free cash without having to make monthly loan payments.

Thus, unless you no longer need the insurance benefits provided by the policy, taking a loan offers you the ability to maintain insurance coverage while still accessing a significant portion of the cash.

Still, it's a good idea to have a portion of your portfolio in cash so you can always have easy access to some of your money.

After payments begin, recipients have the option to sell all or a portion of their structured settlement payments to a third - party funder, such as a structured settlement / factoring company, in order to access cash in a lump sum.

This is accomplished by gaining access to a portion of your universal life policy cash value.

Being able to access a portion of the cash value is really invaluable to us, because we never know what life will throw our way.

Or are you trying to access the cash value portion of your whole life policy?

Upon being diagnosed, you can access a portion of your death benefit as a lump sum cash payment to use however you see fit.

Because of the attractive tax features of a life insurance contract discussed above, prior to 1988 a small life insurance contract could be funded with a huge sum of money, grow tax deferred, a large portion of the cash could be accessed tax free for withdrawals, and the value passed on to the next generation free of taxes.

Even with life insurance policies that offer a cash value option, you are only able to access a portion of the premiums that you pay.

Thus, unless you no longer need the insurance benefits provided by the policy, taking a loan offers you the ability to maintain insurance coverage while still accessing a significant portion of the cash.

Other living benefits, such as an accelerated death benefit rider typically included, allows a portion of the death benefit to be accessed if you are diagnosed terminally ill, with the cash to be used for whatever you need.

A reverse mortgage is a loan against your home that can help you access a portion of your equity to receive tax - free cash without having to make monthly loan payments.

if you don't need access to the cash right away i would at least contribute the portion that gets matched.

As a type of home loan designed for those age 62 years and older, this powerful tool can help individuals access a portion of their home equity and convert it into cash to supplement a fixed income.

A reverse mortgage allows you to access a portion of your home equity as cash, while remaining in your home and maintaining ownership.1 Reverse mortgages, unlike conventional mortgages, do not require monthly -LSB-...]