Wednesday, June 24, 2009
Tax break sought for non-qualified lifetime annuities
Bill would provide exclusion on annual income from investments up to $20,000
Two senators have reintroduced legislation that would provide tax breaks to those with non-qualified lifetime annuities.
Sens. Kent Conrad, D-N.D., and Pat Roberts, R-Kan., have proposed the Retirement Security for Life Act, or S 1297, which would provide a 50% tax exclusion on the annual income from a non-qualified lifetime annuity, up to $20,000...
Investment News: Tax break sought for non-qualified lifetime annuities
Two senators have reintroduced legislation that would provide tax breaks to those with non-qualified lifetime annuities.
Sens. Kent Conrad, D-N.D., and Pat Roberts, R-Kan., have proposed the Retirement Security for Life Act, or S 1297, which would provide a 50% tax exclusion on the annual income from a non-qualified lifetime annuity, up to $20,000...
Investment News: Tax break sought for non-qualified lifetime annuities
Permalink posted by markw @ 4:33 AM 
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