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An annuity is a contract issued by an insurance company and usually referred to as an annuity policy or annuity contract. What makes annuities different is the tax treatment given them by the IRS. Think of an annuity as an umbrella. When money is placed under the umbrella or annuity contract, it is treated differently […]
Tags: Annuities, Annuity Contract, Annuity Policy, Capital Gain Distributions, Capital Gains Rates, Certificate Of Deposit, Dividend Income, Earnings, Income Tax Rates, Income Taxes, Insurance Company, Irs, Joints, Life Expectancy, Mutual Fund, Periodic Payments, Principal Contribution, Retirement Program, Tax Irs, Tsa, Umbrella