12 little-known annuity tax facts
March 29, 2016 by ROBERT BLOINK, WILLIAM H. BYRNES
The tax landscape for annuity products is a challenge to navigate, even for experts. What penalties apply to premature distributions? What are the tax consequences if a client wishes to annuitize only a portion of an annuity contract? How is an annuity owned by a grantor trust taxed? And what about QLACs?
Prepare for your clients’ questions — or simply test your knowledge — by reviewing this collection of 12 annuity tax facts. If you have unanswered questions on the taxation of annuities, let us know in the comments section HERE.
Originally Posted at LifeHealthPro on March 29, 2016 by ROBERT BLOINK, WILLIAM H. BYRNES.
Categories: Industry Articles
