To Exchange or Surrender, that is the Question!
⏲ 3 min read ⏲
For most, this question is easy to answer: A 1035 Exchange can avoid any taxable events, and the funds are transferred directly from one insurance company to another, making it a superior choice for most. However, while that is technically accurate, it says nothing about it being the best way to transfer cash value from one policy to another. That’s a different question entirely.
