http://www.prettygreatanswers.com/articles/AnnuityQuestions http://www.prettygreatanswers.com/rss/AnnuityQuestions.xml Annuity Questions from PrettyGreatAnswers.com http://creativecommons.org/licenses/by-nc-nd/2.0/ A tax-sheltered annuity is a retirement savings program limited to public educational institution employees and members of non-profit organizations. The participant's employer deducts contributions from the participant’s income payments and sends these contributions to the insurance agency or mutual Sun, 02 Jul 2006 00:50:34 -0400 http://www.prettygreatanswers.com/launch/02-07-2006What-is-a-tax-sheltered-annuity.htm http://www.prettygreatanswers.com/launch/02-07-2006What-is-a-tax-sheltered-annuity.htm A lifetime annuity is a type of immediate annuity where, upon investing, you automatically receive guaranteed income payments for the rest of your life. The income you receive from a lifetime annuity depends on the amount of money you invest and the interest rate at the time you make the investment. Sun, 02 Jul 2006 00:50:34 -0400 http://www.prettygreatanswers.com/launch/02-07-2006What-is-a-lifetime-annuity.htm http://www.prettygreatanswers.com/launch/02-07-2006What-is-a-lifetime-annuity.htm An annuity cannotbe identical to an IRA(internal revenue allotment) butmay be used to fund one. Many annuities are classified as non-qualified annuities, with premiums or contributions derived from after-tax transactions. This means that money put into a non-qualified annuity account has already be Sun, 02 Jul 2006 00:50:34 -0400 http://www.prettygreatanswers.com/launch/02-07-2006Is-an-annuity-identical-to-an-IRA.htm http://www.prettygreatanswers.com/launch/02-07-2006Is-an-annuity-identical-to-an-IRA.htm Beneficiaries will be taxed on the tax-deferred interest that has been accumulated inside the annuity, provided that they have received the money. But if an owner dies and his/her beneficiary is his/her spouse, the latter has the option to proceed with the annuity plan and defer paying taxes as well Sun, 02 Jul 2006 00:50:34 -0400 http://www.prettygreatanswers.com/launch/02-07-2006Are-beneficiaries-taxed-on-the-interest-accumulated-inside-the-annuity.htm http://www.prettygreatanswers.com/launch/02-07-2006Are-beneficiaries-taxed-on-the-interest-accumulated-inside-the-annuity.htm There aregenerallytwo different types of annuities. On a very basic level they are 1) a fixed annuity and 2) a variable annuity. Fixed annuities earn an assured interest rate in a defined period of time. If the period of times expires, there is a new interest rate for the next period of time. Varia Sun, 02 Jul 2006 00:50:34 -0400 http://www.prettygreatanswers.com/launch/02-07-2006What-are-the-different-types-of-annuities.htm http://www.prettygreatanswers.com/launch/02-07-2006What-are-the-different-types-of-annuities.htm Everything here is © Pretty Great, Copyright 2006, All Rights Reserved.