What are the tax advantages of a fixed annuity? Do you think a fixed annuity is the most tax advantageous way to receive guaranteed income? And if not, what is the benefit of owning a retirement annuity? Watch to the end to learn.
If you have been checking out my videos, you know there are some tax advantages for a fixed annuity. This video is not focused on all of the tax implications for a fixed annuity but rather the tax advantages for a fixed annuity and why they are tax advantages.
So, watch the video till the end to learn why you want to include a retirement annuity in your retirement portfolio! Do you think it is because of its tax benefits?
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Table of Contents:
00:00 – Introduction
00:43 – Does Tax Deferred Growth = Tax Free?
01:48 – How does Tax Deferred Growth for a Retirement Annuity work exactly?
03:27 – Tax Deferred Growth – MYGA vs CD
04:05 – Summation of Benefits of Tax Deferred Growth
04:48 – What is a Tax Advantaged Deferred Annuity, and is it Tax Free?
06:30 – Are there ANY retirement products that are Tax Free?
07:40 – Why a Retirement Annuity should be included in your Retirement Portfolio!
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**Healthy in Retirement makes content available as a service to its customers and other visitors, to be used for informational purposes only. While my best intentions are to provide accurate and timely information, you should always consult with retirement, tax, and legal professionals prior to taking any action.
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LEARN MORE ABOUT: Retirement Annuities
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So, only the original amount invested is ever taxed? The amount earned from compound interest is never taxed?