Annuities: Are They Tax Beneficial?

Annuities are often misunderstood- some see them as a financial nightmare, while others consider them a key part of a well-rounded portfolio. So, what exactly are they? And can they offer any tax advantages?

Jude is here to break it all down- how annuities work, their tax implications, and when they might fit into a retirement strategy.

Here’s some of what we discuss in this episode:

0:00 – Intro

2:07 – What is an annuity?

3:40 – Types of annuities

6:19 – Advantages of annuities

8:34 – Disadvantages and fees

15:09 – When might an annuity be a good fit?

 

Connect:

Website: https://centrusfs.com/podcast/  

Call: 800-779-4592

Schedule your complimentary review with Jude: https://calendly.com/centruscalendar-/30min

Watch on YouTube: https://www.youtube.com/channel/UCOyRZhgLenTC49qNZH9mEuQ/