Annuity

[glspage]

Any tips on saving taxes on annuity payments?

[CatherineR]

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.