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Question

Annuity

Forum|Forum|2 years ago
July 26, 2023
1 reply
2 views

Any tips on saving taxes on annuity payments?

Ask the Experts - Retirement - July 2023

Employee Tax Expert

Employee Tax Expert

Hello Glspage,

Great question on annuities! Here are some general resource from Turbo Tax that discusses retirement income in general:

Retirement tax strategies

Retirement Tax Tips

For more detailed information about annuities it would be best to discuss your situation with a financial planner. Tax impact has to take into account your entire tax situation and not just only the annuity distribution aspect. I hope this helps and good luck in retirement.

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