Charitable Remainder Trusts (CRT) is a financial vehicle created to give income for the donor while supporting a specific ...

A financial advisor can help you choose an appropriate strategy for your annuity. Whether you take your payments monthly, annually or on some other schedule, you’ll face the same tax liability.

Under certain circumstances, the annuity can be distributed and taxed over a number of years. If you name a charity as your beneficiary, you can partially or fully offset income tax liability.

An annuity is an insurance product that pays out income, and can be used as part of a retirement strategy. Annuities are a popular choice for investors who want to receive a steady income stream ...

Beneficiaries who want to reduce their tax liability will use the stretch provision, which allows them to receive periodic payments of the annuity’s value over their life expectancy. As such ...

Typically you should consider an annuity only after you have maxed out other tax-advantaged retirement investment vehicles, such as 401(k) plans and IRAs. If you have additional money to set aside ...

The right to receive any remaining annuity payments may be passed from the grantor to a surviving spouse who can qualify for the estate tax marital deduction. Any estate tax liability related to ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Joint-life annuity rates have climbed to their highest level since the global financial crisis in 2008, as ...