| Articles |
Annuities
and Senior Citizens
Senior Citizens Should Be Aware Of Deceptive Sales Practices
When Purchasing Annuities |
Seniors:
Educate Yourself on Annuities
Over the past five years, there has been a significant increase
in annuity sales to senior citizens. There continues to
be confusion among consumers about annuities and some questionable
sales practices. Here is some important information that
will help you if you are considering purchasing an annuity.
|
|
|
Seniors:
Educate Yourself on Annuities
Over the past five years, there has been a significant increase
in annuity sales to senior citizens. There continues to
be confusion among consumers about annuities and some questionable
sales practices. Here is some important information that
will help you if you are considering purchasing an annuity...
|
Replacing
an Annuity or Life Insurance Policy under Section 1035
The replacement of an annuity or life insurance policy; i.e.
the exchange of existing policies for new ones purchased from
different companies without tax consequences, is called a
Section 1035 Exchange |
Tax
Court Permits Partial Annuity Exchanges
A direct switch of a portion of funds invested in an existing
annuity contract to a different annuity contract qualifies
as a nontaxable exchange under Code Section 1035 |
A
Lesson in Immediate Annuities
Single Premium Immediate Annuities (SPIAs) are purchased with
a single deposit amount. |
How
to choose an annuity
if carefully constructed, an annuity can be an important
part of your retirement plan—but they're not right for everyone. |
Valuing
a private annuity
As more states start using lotteries as revenue sources, CPAs
will face an increased number of tax questions from winners.
Recently the Fifth Circuit |
