federal taxes on annuities

People typically purchase annuities for two primary reasons: to secure a steady stream of income when they retire and to generate tax-deferred wealth. Unlike bonds, mutual funds, and certificates of deposits, the interest you make is not taxed each year. You are taxed only when you withdraw money from the annuity and then the money is taxed as ordinary income and not as capital gains. If you have any other questions or want to compare and contrast annuities from Allianz, American Skandia, ING, and other top companies fill out the above form. Youll get information and interest rates on annuities right away, and inside of two days local annuity experts will contact you to follow-up on your inquiry. Its all free and involves no requirement that you purchase anything from anyone.