Start with: Quiz: How Well Do You Know Annuities?
How are annuities taxed?
Fixed annuities: each payment is part taxable and part non-taxable.
How is a deferred vaiable annuity taxed during accumulation?
No income tax is owed during the accumulation period; taxes are owed when income is received.
Get all the details at:
https://www.thinkadvisor.com/2019/12/18/10-annuity-tax-facts-you-should-know/
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