Phillip Wasserman

Step-up Basis

What is the “step-up in basis” rule? In general, when you sell an asset that has risen in value, you pay taxes on the gain. For assets like stocks, the […]

Universal Life Insurance

An investment into a life insurance policy will allow its cash value to grow tax-deferred. Universal Life insurance policies typically increase cash value based on current interest rates, whereas Variable Universal […]

Top 50 Annuities

Top 50 Annuities By KAREN HUBE Americans are eager to lock in steady retirement income. We pick the best annuities from a dizzying array of choices. Correction: An earlier version […]