I was wondering and is something I want to do if is possible, can you take money out of the cash value of a whole life insurance policy and put it in a instant annuity. And then also pay the interest from the loan you took from the whole life insurance policy with interest from the annuity.




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I am looking to invest, what should I do?

I (well my wife) just had a boy in September. I am selling my house and have made some equity on it. I want to take some of that money and invest it so that my boy will have some money to go to college. What is the best route that I should go?
The stock market scares me a little bit, I have thought about a CD but that is barely staying above inflation. I have also thought about variable life insurance. I have considered a Roth IRA, but I will want to take some of that money out to get him through college and whatever else comes up along the road.
I am leaning more towards variable life insurance, but if anyone has any advice I would love to hear it.




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Somebody sent me a cheque with Canadian dollars and when I went to Wachovia bank to cash it, they informed me that I would lose about 50% of the value of the cheque.
Is there another way to go around it where I can get my full money back?




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My mom recently passed away, and she had medical bills as she had no insurance. She had an IRA account in which my brothers & I are listed as the beneficiaries. Do we need to use this money to pay those medical bills instead of inheriting the money for ourselves?




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Do mutual funds really work?

I’m currently placing money in variable life insurance (which is a mutual fund investment as well as an insurance product). Has anyone been investing in mutual funds for say, 10 or 20 years and found that it is profitable? Does it really grow exponentially into a few million after 25 or 30 years?




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My bf and I have a daughter and she is my only beneficiary.. She is 1 year old though what will happen if I die?? What will happen with the money since she’s just a baby?




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who will buy my life insurance policy?

I have a 00,000.00 life insurance policy and I need to sell it asap. But I am only 59 yrs. and not dieing, at this time, just need the money to survive. So is there anyone who buys insurance policies that I can go to? I have had this policy for 15 years.




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How can I get my money from my annuity?

Lincoln financial group won’t let me cash in my annuity. I’ve had it for 15 years with my husband as beneficiary. He passed away and they are claiming that it is his money and I can’t have it. It is my annuity in my name, he was beneficiary. What steps can I take to get my money?




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Father and Stepmother were in process of divorcing, but father died before everything was final.He purportedly changed his life insurance policy to include all of his children, not just those bore by him and stepmother. He sent the paperwork in the mail. Never heard anything and stepmother has everything because father’s new will wasn’t finalized…It’s been three years. What can I do? How can I find out which life insurance policy he had and do we stand a chance of getting any of the money if the insurance company simply didn’t process the change before he died?




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Can you transfer your life insurance policy once fired?

If i’m fired from the employer providing my life insurance policy can I take the policy & pay on my own it myself or can i get the money back that i put into the policy or is the policy just lost once fired?




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