Talk of The Villages Florida - View Single Post - Annuity - from Variable to Fixed
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Old 09-06-2024, 05:41 AM
Stu from NYC Stu from NYC is offline
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Quote:
Originally Posted by retiredguy123 View Post
I would just add that any money you make in an annuity will be taxed at ordinary income tax rates, with none of the advantages of capital gains discounted tax rates. Surprisingly, some annuity salespeople forget to mention that.
The long lost cousin Brucie would also push annuities relentlessly.