Deferred Annuities’ Flexibility Provides Powerful Tax Advantages

Deferred annuities offer powerful tax advantages. While annuity tax rules aren’t too complex, understanding them and naming beneficiaries properly assures the maximum tax advantage. Annuity interest is not taxed until it’s withdrawn. With a deferred annuity, the owner decides when to withdraw interest and pay taxes on it. The flexibility to wait until you need… Continue reading Deferred Annuities’ Flexibility Provides Powerful Tax Advantages