Learn how the Cash Value Accumulation Test (CVAT) determines if a financial product is taxed as insurance or an investment with potential tax benefits.

When planning for retirement, annuities often enter the conversation as a way to secure a steady income stream. Look under the hood of an annuity, though, and you’ll find many moving parts, often with ...

The accumulation phase is a pivotal period in an individual's financial journey. It refers to the time when one is working, earning, and investing, with an aim to grow their wealth. This phase often ...