Consider the following statements:
A 1035 exchange can save you money on taxes when you roll a cash
value life policy into another cash value life policy.
A 1035 exchange can save you money on taxes when you roll a cash
value life policy into an annuity.
A 1035 exchange can save you money on taxes when you roll an
annuity policy into another annuity policy.
A 1035 exchange can save you money on taxes when you roll an
annuity policy into a cash value life policy.
Which statement(s) is/are true?
A. None
B. I,IV
C. I,II,III
D. I,II,III,IV