Taxes - Sridhar Boppana

October 6, 20230Comments

Facing the Tax Question: Are Annuity Death Benefits Subject to Taxation?

Summary: Annuities play a pivotal role in retirement planning, offering financial security through guaranteed income. However, when an annuity owner passes away, beneficiaries face the question: “Are annuity death benefits

by Sridhar Boppana

Annuity

August 22, 20230Comments

The Tax Implications: Diving Deep into Qualified vs Non-Qualified Annuities

Summary: Navigating the financial landscape of annuities, readers discover the pivotal differences between qualified and non-qualified annuities. Qualified annuities, associated with traditional retirement accounts, are funded with pre-tax dollars, offering

by Sridhar Boppana

Annuity

August 2, 20230Comments

Unlocking the Secret: How are Annuities Given Favorable Tax Treatment?

Summary: In this blog post, we unlock the secret of how annuities receive favorable tax treatment. We delve into the basics of annuities, their unique tax status, and the mechanisms

by Sridhar Boppana