11 more annuity tax facts you need to know
Posted by William Byrnes on April 14, 2014
An annuity is a complicated beast — and during tax season, your clients’ questions can pile up faster than hospitality complaints from the crowds at Sochi. How are payments under a variable immediate annuity taxed? When is the exchange of one annuity contract for another a nontaxable exchange? Read on to find answers to these and other queries.
1. What general rules govern the income taxation of payments received under annuity contracts?
read on at LifeHealthPro
LifeHealthPro.com is the vital online destination for life & health insurance advisors, designed to provide them with the essential elements they need to run their practice and increase their bottom line including breaking news, market trends, practice tips and more.
William Byrnes' Tax, Wealth, and Risk Intelligence 
Leave a Reply