Guaranteed Income For Life

Can I Reduce My Income Tax by Using an Annuity?

Annuity earnings accumulate tax free, allowing your nest egg to grow faster than it would with an investment, which is taxed on the earnings every year. No taxation will occur until you withdraw cash or “annuitize” (see below).

Each withdrawal will be taxable to the extent that the annuity has any undistributed interest (profit). Cash withdrawn in excess of the undistributed interest will be tax-free. Cash withdrawn prior to age 59 ˝ may be subject to a penalty.

If you "annuitize", a substantial portion of your distribution will be income tax free. Lower taxes will result in more spendable income and a more comfortable retirement.

• Click Here for a Standard Fixed Annuity Illustration
• Is an Annuity Wise for a High Net Worth Individual?
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