The term “nonqualified” simply describes the annuity’s tax treatment. In this article, we’ll dive deeper into the tax ...

the funds must be moved directly between annuity providers and the annuitant or owner must remain the same, in order to maintain the tax-free treatment. While a transfer can be made tax-free ...

Now, let's circle back to non-qualified annuities. By opting for one, you're essentially converting all potential long-term capital gains (which enjoy favorable tax treatment) into ordinary income ...

The gains, however, come back to you taxable as ordinary income. Now, how does the tax treatment of annuities compare to other methods of investing, like for example investing in equities and ...

The IRS ruled that a contingent deferred annuity contract qualifies as an annuity contract under § 72. The ruling covers the tax treatment of the contract’s guaranteed payments, the lack ...

Typically you should consider an annuity only after you have maxed out other tax-advantaged retirement investment vehicles, such as 401(k) plans and IRAs. If you have additional money to set aside ...

The biggest advantages annuities offer is that they allow you to sock away a larger amount of cash and defer paying taxes. Unlike other tax-deferred retirement accounts such as 401(k)s and IRAs ...

Unlike life insurance issued by a U.S. carrier, an annuity issued by a U.S. life insurer is considered U.S. situs property for federal estate tax perspectives. The income tax treatment of annuity ...

Annuities are retirement savings insurance products that offer guaranteed income, appealing to risk-averse retirees. They offer tax-deferred growth, allowing earnings to accumulate without ...

Things like Social Security, pensions, annuities, and deferred compensation ... “When we think of those, we group things according to tax treatment,” she says. “There's your non-retirement ...

While some may want to explore buying an annuity with a spouse’s pension, this isn’t really an attractive solution, given passing assets to a spouse is tax-free anyway. Meanwhile, for those ...