Financial

Commissions. Check the broker commissions – even though the insurer is the one who gives you the annuity, the broker may make anywhere from 3 to 8% […]

Annuity payments to beneficiaries are subject to the same taxes that would have been collected from you.

The tax rates will differ for qualified and non-qualified plans. An annuity that is tax-qualified is one that funds a qualified retirement plan. When this qualified […]

There are a few choices that you have when choosing to collect your annuity. Some people opt for a lump sum, even though it negates one […]