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 ...

Individual investors typically find money to fund the premiums for income annuities from one or more of the following three savings sources. Each has a different tax treatment: Deciding where to ...

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

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 ...

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 ...

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 ...

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 ...

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 ...