What Are The Benefits Of Annuities?

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    David RacichPRO
    Fountain Hills, Arizona
    Annuities can be tax deferred and have tax basis advantages during life time annuitization. The longer the deferral accumulation period, the greater the savings advantage, especially in a high tax bracket. Lifetime annuitization payments are comprised of earnings and basis until basis is distributed, generally amortized to the life expectancy of the annuitant.  
     
    Answered on June 11, 2013
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