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2. How are annuities taxed? 3 things you need to know - AOL

   www.aol.com/finance/annuities-taxed-3-things...

   If you opt for an immediate annuity, you’ll deposit your money in a lump sum and won’t enjoy this tax-deferred benefit during the accumulation phase. Immediate annuities begin paying out in ...

3. Can You Escape Taxes on Your Lump Sum Pension Payout? - AOL

   www.aol.com/seniors-heres-avoid-taxes-lump...

   How to Avoid Taxes on a Lump Sum Pension Payout. Investors can avoid taxes on a lump sum pension payout by rolling over the proceeds into an individual retirement account (IRA) or other eligible ...

4. Lump sum payout vs. annuity from a pension: How to decide - AOL

   www.aol.com/finance/lump-sum-payout-vs-annuity...

   5. Taxes. If you choose a lump sum, you’ll owe income tax on the entire amount unless you roll it over into an individual retirement account (IRA) or another qualified retirement plan. However ...

5. Retirement annuity plan - Wikipedia

   en.wikipedia.org/wiki/Retirement_annuity_plan

   Part of the lump sum must be used to buy an annuity and part can be taken a tax-free lump sum. Contributions receive basic tax relief claimed at source (although this was only introduced in 2001). The income and gains in the plan are free from tax (with the exception of the non-reclaimable 10% tax credit). At maturity, the tax-free cash can be ...

6. What is an annuity? Here’s what you need to know before ...

   www.aol.com/finance/what-is-an-annuity-200110157...

   You can fund an annuity with a single lump-sum payment or through a series of payments over time. ... paid taxes on through standard income tax. Payments from these annuities consist of two parts ...

7. How Can I Avoid Paying Taxes on My Annuity? - AOL

   www.aol.com/avoid-paying-taxes-annuity-154127416...

   An annuity is an insurance company product that sometimes appeals to investors who are risk-averse or who have contributed the maximum to their retirement accounts. One advantage of an annuity is ...

8. Constructive receipt - Wikipedia

   en.wikipedia.org/wiki/Constructive_receipt

   The full text of the IRS regulation defining constructive receipt states as follows: [2] Income although not actually reduced to a taxpayer's possession is constructively received by him in the taxable year during which it is credited to his account, set apart for him, or otherwise made available so that he may draw upon it at any time, or so that he could have drawn upon it during the taxable ...

9. What is a nonqualified annuity and how does it work? - AOL

   www.aol.com/finance/nonqualified-annuity-does...

   Nonqualified annuity withdrawals or payments are partially tax-free, partially taxed. You get your original contributions back tax-free, but any earnings accrued within the annuity are taxed as ...