Taxation of Variable Annuities

This course examines how variable annuities are taxed at all phases: during accumulation, upon withdrawal, upon annuitization, and at death. It covers the basic principle of annuity taxation, how annuity income and withdrawals are taxed, the concept of the exclusion ration, the tax consequences of a variable annuity's death benefit for the contract's beneficiary, how a variable annuity can be used for qualified rollovers and the basics of 1035 exchanges.