Taxation of Fixed Annuities

This course examines the taxation of annuities and covers how annuities are taxed during accumulation, upon withdrawal, upon annuitization and at death. It discusses the basic principles of annuity taxation, how annuity income and withdrawals are taxed, and the concept of the exclusion ratio, the tax consequences of an annuity’s death benefit for the contract’s beneficiary, the basics of 1035 exchanges and how a fixed annuity can be used for qualified fund rollovers.

Find Courses Now