What You Need To Know
We occasionally will recommend using some form of annuity in your strategy and planning. Most people I talk to will have questions about taxes and other options. Although those questions are easy for me to answer I find they become HARD for you to remember.
This stuff can be confusing if you don’t work with it every day!
I recently came across this article from Yahoo explaining a number of tax questions about annuities. If you have an annuity, it may be good to hold on to. If we suggest the use of one at some point it might be good to refer to.
See more in this yahoo!finance article, Understanding Annuities and Taxes: Mistakes People Make. If you’re unable to retrieve this article, let us know and we’ll send you a copy.
And, if this causes new questions for you, of course, give me a call.
