When thinking of
future annuity income payments, it is a good idea to speak with a knowledgeable agency (like ours) and compare all of your options before purchase.
If the rules are followed, then the tax treatment becomes favorable because only a portion of
the annuity income payments are typically taxed.
In deferred annuities, the day on which
the annuity income payments must begin («annuitization»).
Options are generally available when structuring
your annuity income payments, including when you would like them to start and for how long.
If the rules are followed, then the tax treatment becomes favorable because only a portion of
the annuity income payments are typically taxed.