14 Annuity Tax Facts to Know
October 19, 2021 by Emily Holbrook
Annuities have long been a tool in the arsenal of retirement planners. They may be a great fit for some clients, especially those who continually max out their annual 401(k) contributions or for those approaching retirement and seeking another source of steady, guaranteed income.
However, the many types of annuities, the benefits they provide your client, and their tax implications can be confusing at times. While there may well be hundreds of annuity tax facts, these are a few of the most important every agent and advisor should know.
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