In addition to the contract restructuring, a 15-year deferred annuity will increase in value from $ 1.25 million to $ 2 million, officials said.
32.
Q . What are the tax consequences to a beneficiary of a single payment tax-deferred annuity on the death of the owner of the annuity?
33.
Buy a deferred annuity now, which pays off down the road a ways, and switch in retirement to an immediate annuity, which starts paying instantly.
34.
In 2003, one of FBL's primary operating subsidiaries, EquiTrust Life Insurance Company, began distribution of single premium deferred annuity products nationally through independent marketing organizations.
35.
Deferred annuity balances increased to $ 15 . 6 billion as of the end of September, a $ 3 billion gain for the 12-month period.
36.
In addition to the contract restructuring, a 15-year deferred annuity will increase in value from $ 1 . 25 million to $ 2 million, officials said.
37.
A disadvantage, however, is that when amounts held under a deferred annuity are withdrawn or inherited, the interest / gains are immediately taxed as ordinary income.
38.
A new category of deferred annuity, called the " fixed indexed annuity " ( FIA ) emerged in 1995 ( originally called an Equity-Indexed Annuity ).
39.
The industry has therefore expanded its sale of investment products with tax advantages, like tax-deferred annuities that yield as much as 1.25 percent above certificates of deposit.
40.
All varieties of deferred annuities owned by individuals have one thing in common : any increase in account values is not taxed until those gains are withdrawn.
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