Most people purchase a life insurance policy so their loved ones are taken care of when they die. But what if you wanted to cash in on that policy while you’re still alive, to pay for necessities now?

As you age and your income sources become less robust, it's natural to look for ways to reduce expenses, not add to them. For seniors in today's economic climate, in which inflation and credit card ...

Many Americans are reassessing their financial strategies as economic conditions shift now that we're in mid-2025. While job markets remain stable and inflation has eased compared to recent highs, ...

The top life insurance companies for older buyers based on our extensive analysis of coverage and costs Written By Written by Insurance Senior Editor, Buy Side Amy Danise is the staff Senior Insurance ...

Helping senior clients through estate planning requires a comprehensive strategy that includes consultations with their legal and tax advisors to ensure proper asset distribution, minimize tax ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Myles is a former senior insurance editor for Investopedia. He oversaw the strategy ...

Consider your financial goals, age and overall health to determine which life insurance option is right for you. Many, or all, of the products featured on this page are from our advertising partners ...

Employer-sponsored life insurance over $50K is taxed. The IRS considers excess coverage as imputed income. Imputed income appears on your W-2. The taxable portion of employer-provided life insurance ...

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 ...