Page 36 - DON'T MAKE ME SAY I TOLD YOU SO - ANNUITY CHAPTER ONLY
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Don’t Make Me Say I Told You So 192
Summary
► The reason to use a variable annuity in an IRA, IRA rollover, or
other qualified account is for the protection and guarantees
they provide, not for the tax-deferral.
► There are no tax benefits that come from using a variable
annuity in a qualified account, but there are no negative tax
consequences either.
► All distributions from an IRA, IRA Rollover, 401(k), or other
qualified plans are treated as ordinary income, no matter
how the money is invested in that account.
Chapter 4: Annuities
Don't Make Me Say I Told You So_6.27x9.46.indd 192 09-07-2016 00:22:14
