Annuities are a popular insurance product in the insurance field today and have a guaranteed principle. Guarantees are based on the financial strength and claims paying ability of the issuing insurance company.
There has been some tax law changes within the last year that protects the Roth IRA’s from Federal and State taxes, if you have an IRA Trust. If you don’t have one, please check with your CPA or estate planning attorney who is familiar with this latest law. This is not intended as tax advice.
