Tax Deferred Accumulation:
Whether buying an
immediate or deferred annuity, the reason most
people buy an annuity is because of its
preferential tax treatment. As mentioned
earlier, interest that accumulates on an annuity
does so on a tax-deferred basis. So every year
as your account values grow there is no tax to
be paid. This allows more of your money to work
for you during the accumulation phase and
ultimately greater total accumulations.Additional Information on
Annuities:
Deferred Annuities
Immediate Annuities
Who Should Invest in an
Annuity? -Investor Profile
Tax Deferred Accumulation
Tax Preferred Payouts
Guaranteed vs. Promises
Fees
Carrier's Financial
Strength
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