A non-qualified annuity is a type of investment product that lets your money grow tax-deferred until you start taking withdrawals. Unlike qualified annuities, which are funded with pre-tax dollars ...

This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them. The differences between qualified and non-qualified ...

One of the reasons why investors choose annuities is that they carry some favorable tax traits. Even if you don't hold an annuity in a qualified retirement account like an IRA, some of the tax laws ...

A variable annuity is an insurance contract that invests in market-based subaccounts and grows tax-deferred. It may offer features like lifetime income guarantees or death benefits. These features ...

The Internal Revenue Service has announced that billing advisory fees from an annuity in a non-qualified account will not trigger a taxable distribution. Columbus, Ohio-based Nationwide announced on ...

Los Angeles, CA February 25, 2024--(PR.com)-- Seniors who own non-qualified annuities are an excellent prospect for agents marketing long-term care planning solutions suggests Jesse Slome, director of ...

Ashley Donohoe is a personal finance writer, Financial Planning and Wealth Management Professional and Certified Financial Education Instructor based in Cincinnati. She covers banking, loans, ...

Annuities are contracts with insurance companies that can minimize risk, provide steady retirement income and reduce taxes — ...

When it comes to retirement, we all have our own goals and visions. For my grandparents, they preferred to stay in the home that they paid off for several reasons.... When it comes to retirement, we ...

American seniors are increasingly finding value in fixed-indexed annuities. According to the Insured Retirement Institute, roughly half of the investors currently or previously owned an annuity. Sales ...

Someone who inherits a non-qualified annuity will only have to pay income taxes on any earnings from the annuity when they are withdrawn. Inheriting a qualified annuity, on the other hand, means owing ...