Help make Alexa smarter on Alexa Answers. Sign in with Amazon

Miscellaneous

Do you have to pay taxes on an annuity?

1 Answer

An annuity can be tax free. In a standard annuity money, on which taxes have been paid, is transferred into the annuity where it grows for some years then the annuity pays out in regular checks. Those checks are taxable income in most cases.

{{ relativeTimeResolver(1665518086853) }}

LIVE
Points points 24
Rating

Similar Questions
Join Alexa Answers

Help make Alexa smarter and share your knowledge with the world

LEARN MORE

Join Alexa Answers

Help make Alexa smarter and share your knowledge with the world

LEARN MORE