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Get Information On Deferred Annuity Types:
Variable deferred annuity
Fixed deferred annuity
Tax-deferred annuity
 
Difference Between:
Annuity & Certificate of Deposit
Mutual fund & Variable deferred annuity
 
Get Information On:
Tax advantages
Saving advantages
Open market option
Income options
Tax on death benefit
 
Tips To Choose Right Annuity
Frequently Asked Question
 
Q.
If I am a beneficiary, do I have to pay income taxes on a death benefit?
A.
No. Death benefits from life insurance policies are free from income tax. However, the death benefit may be subject to estate and inheritance tax. Check with the agent who sold the policy, the insurance company, or your own financial planner for details.
 
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