As part of your retirement planning, you may have invested in a deferred annuity. And, hopefully, over the years you’ve enjoyed tax deferred growth in the contract. The annuity may be a fixed annuity, ...

A deferred annuity is a long-term investment that grows tax-deferred and provides income in retirement. Interest earnings accumulate without immediate taxes, allowing savings to grow. Taxes are paid ...

An individual who transfers a nonqualified deferred annuity contract issued after April 22, 1987, for less than full and adequate consideration is treated as having received “an amount not received as ...

Conrad Teitell, principal, Cummings & Lockwood LLC, Stamford, Conn. With a traditional deferred gift annuity, guaranteed annuity payments are made to a donor and/or another individual for life, ...

Charities are taking steps to ensure they don’t lose too much of the proceeds from gift annuities as the bad economy takes a toll on the earnings both nonprofit groups and donors receive from the ...

The tax consequences of a charitable gift annuity involve an immediate charitable gift (deductible within the limits of IRC Section 170 ( Q 739)), income tax on a portion of the annuity payments, and ...

Charities are taking steps to ensure they don’t lose too much of the proceeds from gift annuities as the bad economy takes a toll on the earnings both nonprofit groups and donors receive from the ...