It works like this: you sell your life insurance policy to a third party, receiving more than the cash surrender value (CSV) ...

Sharon Wu, a senior writer with over a decade of experience, specializes in consumer-focused content covering home and finance topics such as insurance, investments, credit, debt, mortgages and home ...

Inflation has been hard on many Americans, but perhaps none more so than seniors living on a fixed income. The financial sting may hit even harder for retirees who can't offset inflation with wage ...

Both Roth IRAs and life insurance policies can provide access to tax-free income in retirement. Roth IRAs have income limits, and gains generally can’t be accessed without penalty before age 59½. The ...

The 2024 Insurance Barometer Study by LIMRA and Life Happens recently revealed that middle-income Americans, those with annual household incomes of $50,000 to $149,999, represent the largest market ...

Shelby Fishman is an assistant editor for MarketWatch Picks. Previously, she served as an assistant editor for custom content at Barron’s Group. Shelby studied broadcast journalism at Southern ...

There are two key factors you need to consider when deciding whether long-term care insurance is a good decision.

Another important factor is that most seniors who need LTC only need ... Traditional LTC insurance, which is "use it or lose it." And hybrid policies that combine LTC coverage with life-insurance ...

Find out what universal life insurance policy can work best for you.