Tax Free Exchanges: Can I Move My Annuity Without Tax Liability?

If you use an IRS approved 1035 exchange you may exchange your contract for a new annuity contract within your current company or you can exchange your annuity contract for a new contract in a new company. If done properly, this exchange will not incur a tax liability, your deferred earned interest will remain deferred in the new contract.

By |2020-08-05T22:10:06+00:00June 15th, 2020|Annuities|

Use The IRS Section 1035 To Find The Highest Yield For Your Annuity

The popularity of tax-deferred annuities has increased since the 1970's into a natural choice for safe money alternatives for many Americans. The primary reason is the lack of exposure to market risk and the contractual guarantees provided by these products. Many of the benefits that first attracted consumers to annuities, tax deferral, and probate avoidance, [...]

By |2020-04-12T23:48:54+00:00July 29th, 2018|Annuities|