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A 1035 Exchange is a tax-deferred transfer of an annuity or life insurance contract from one insurance company to another. The Origin of Tears SCP-035.

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What is a 1035 Exchange Credo A 1035 exchange lets you swap one like life insurance policy to another without triggering taxes on any gains. This strategy can 1035 means that the IRS approves that transfer. It's a non-taxable event. It doesn't trigger any taxes, which is a good thing.

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