Day: September 22, 2016

Taxation of Inherited Annuities

Annuities are complicated products that often cause much confusion for annuity owners, let alone their beneficiaries. There can be significant tax consequences associated with the inheritance of an annuity held in a non-qualified account that can substantially impact the total dollars received by a non-spouse beneficiary. If you are the beneficiary of an annuity, there…

Details