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Any tips on saving taxes on annuity payments?

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1 Reply
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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