Annuity123 is dedicated to providing Americans with unbiased information about retirement, answering the tough questions you want to know.

With hundreds of articles on every retirement planning topic you can think of, peace of mind is just a click away.

Tag Archive: taxation of annuities

Taxation of Annuities Explained

Jason Soloman

Jason Soloman | February 18, 2014 | ,

Are you considering investing Non-Qualified (non-IRA) money in the Total Value Annuity, American Equity Bonus Gold, Allianz Core Income Benefit, Athene Choice 10, Security Benefit’s Secure Income Annuity, or any other deferred annuity?  It may be a good investment for the savings and income portion of your money, but then again it may not.  This article is intended to provide you with tax information that will help you make more informed decisions when deciding which investments will work best for you near or in retirement....

View Article

What is the problem with annuities?

Jason Soloman

Jason Soloman | August 11, 2012 | ,

Written By: Robert Zimmerman | H&R Advisory Service, LLC While annuities are great places to deposit your safe money, they are not tax free accounts, any more than IRA or 401k accounts. Yes they do offer higher interest rates on a guaranteed basis, and they have some attractive side benefits, they are still a ‘tax deferred’ account. Many people don’t realize that annuity values do not pass tax-free to heirs. All the interest gained through the years is taxable income to the heirs. Even if...

View Article