How have recent changes in tax laws affected annuities?

Retirement Fundamentals

Published on: 05/06/2024

Recent changes in tax laws can significantly impact how annuities are utilized as part of a financial plan.

AnnuitiesRetirementTaxes in Retirement

What happens if I want to transfer or exchange my annuity for another product?

Retirement Fundamentals

Published on: 19/08/2023

Transferring or exchanging your annuity for another product involves a process known as a 1035 exchange, named after Section 1035 of the Internal Revenue Code. This section allows for the tax-free exchange of an existing annuity for a new one.

AnnuitiesRetirement