Learn About Annuity Tax Fundamentals
Annuities can play a valuable role in retirement planning. However, it is crucial to understand how annuities are taxed to set realistic expectations for income and growth. Although annuity taxation can align with other types of investment accounts, in many cases it can vary greatly from investments such as a traditional non-qualified investment account. This annuity tax reference article defines and provides examples of annuity taxation referencing the various product types and account registration options available through M Financial.
To learn more about how an annuity may fit with your retirement planning, and to understand the tax implications, contact an Enza Financial Professional.