5.4 Tax-Deferred Annuities

In this section

• Taxation During Accumulation Phase of Tax-Deferred Annuities
  Understand how earnings within tax-deferred annuities accrue tax-deferred, the impact of contributions, and the role of non-qualified annuities in the accumulation phase.
• Taxation During Payout Phase: Understanding Annuity Distributions
  Comprehensive guide on the taxation of annuity distributions during the payout phase, focusing on the exclusion ratio, LIFO method, and early withdrawal penalties.
• Understanding 1035 Exchanges: Tax-Free Transfers of Insurance Contracts
  Explore the intricacies of 1035 exchanges, a tax-free mechanism for transferring funds between insurance contracts. Learn about eligible exchanges, tax implications, suitability considerations, and regulatory guidelines to ensure optimal client outcomes.