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| What are the tax implications of transferring cash-value life insurance, annuities, or 401(k) money? |
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Section 1035 of the tax code allows for the tax-free exchange between like accounts: annuity to annuity, life insurance
policy to life insurance policy, and life insurance policy to annuity. However, you cannot go from an annuity to a life
insurance policy because of the additional benefits of the life policy face value.
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