Page 34 - DON'T MAKE ME SAY I TOLD YOU SO - ANNUITY CHAPTER ONLY
P. 34
Don’t Make Me Say I Told You So 190
Reasons for Putting an Annuity into a Qualified Plan or IRA
70%
60% 61%
59%
50% 51% 50%
40%
Percentages of 42%
Respondents
30%
20%
10%
0
Bene ts to Consumers
Guaranteed Retirement Peace of Insurance Investment
Lifetime Security Mind Protection Growth
Income Potential
Source: NAVA, 2006
No Adverse Tax Consequences from IRA
Annuities
As discussed in the previous section, there are drawbacks with
regard to taxation of annuity gains in non-qualified accounts.
In IRAs, IRA rollovers, or other qualified plans, however, none of
those negatives apply to variable annuities vs. other investments.
All distributions from IRAs or other qualified accounts are treated
as ordinary income.
It doesn’t matter how the money was generated in an IRA;
whether there were gains or losses in the account, or how the
money is invested. Every dollar that comes out of an IRA or other
Chapter 4: Annuities
Don't Make Me Say I Told You So_6.27x9.46.indd 190 09-07-2016 00:22:14
