Hundreds of insurance carriers hold insurance company-owned life insurance (ICOLI) as part of their investment strategy.
Insurance company owned life insurance (ICOLI) can provide an increase in retained yield on a given investment. Usually, the pickup is more than +150bps per year.
The retirement savings gap in the United States is nothing new – for at least the last decade experts have warned that savings rates are down. Exacerbating the issue is the pandemic of 2020.
One well known, yet unexpected result of the COVID-19 pandemic was the mass exodus of individuals out of city centers. For many, that exodus extended to moving out of state, particularly for those seeking to move from high to low income tax states.
ICOLI can provide improvements to your investment returns, but how is this asset treated for tax purposes? ICOLI Taxation ICOLI is a tax-preferred asset. (See IRC secs. 7702, 72(e), and 101(j)) Taxation Investment into the contract…
ICOLI can provide improvements to your investment returns, but how do you handle this asset on your books? ICOLI Accounting ICOLI accounting is straight forward. GAAP Reporting ICOLI surrender value is reported as an “Other Asset” …
Learn about a new and easy option to offer your employees more coverage. The economic environment and health concerns brought on by the global pandemic have many Americans thinking more thoughtfully about financial plans and security.
Now is the time to tax-plan for your company’s equity investments. Why now? President Biden has proposed an increase in C corporation tax rates, which would raise the federal rate from 21% to 28%. Corporations can choose to take action…
A common misconception is that ICOLI (Insurance Company-Owned Life Insurance) is just a general account investment. It is not. Traditional market traded investments are available within an ICOLI wrapper – likely, some that you already own.
Wrapping your current equity funds in ICOLI can increase your yield. Insurance company owned life insurance (ICOLI) is an investment strategy that insurance companies commonly use to wrap their on-balance sheet investments.