Solved: Can I deduct fees paid on an annuity?

Can I deduct fees paid on an annuity?

The fees are called, Contract date anniversary fees by investment option.

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Unfortunately, fees paid on an annuity are not deductible. Instead, these fees simply decrease the annuity’s return on investment.

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Unfortunately, fees paid on an annuity are not deductible. Instead, these fees simply decrease the annuity’s return on investment.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can I deduct fees paid on an annuity?