7 Ways To Improve Retirement With Tax Deferred Annuities

[socialBuzz] 7 Ways To Improve Retirement With Tax Deferred Annuities

5. No required minimum distributions. Unlike many other retirement accounts, there’s no requirement to start drawing down your annuity once you reach age 70½, unless the annuity is held inside, say, a traditional IRA. An annuity should not be held inside a traditional IRA if the sole purpose is for the tax deferral benefit because annuities are tax deferred vehicles without having to be held in a traditional IRA.
 

 

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