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Can I 1035 the CV of a life insurance policy into two separate contracts? A portion going to a new Life policy and the other portion going into an immediate annuity. The owner and insured/annuitant would remain the same.
Yes.
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Wrong. You cannot 1035 a life policy into an annuity.
Who said anything about an annuity?
Who said anything about an annuity?
I got it backwards anyway.
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He mentioned annuity. Dd you read the question or were you just spouting out answers like me?
The Battle of Hastings was in 1066.
I've reported both of you for unauthorized use of gibberish.
Rick
I've reported both of you for unauthorized use of gibberish.
Rick