The FAFSA eligibility criteria based on your income and net worth determines how much you should be contributing to your child’s higher education and could render you ineligible for assistance – but there’s a solution.
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Although a Deferred Annuity is a great vehicle to accumulate funds for retirement, it is not an efficient vehicle to transfer wealth since it may be taxed twice at death.
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Several insurance companies offer qualifying individuals the opportunity to move forward with a life policy simply by submitting an online application and completing a brief telephone interview – with no medical exam.
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