When To Cash In Annuities?

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November 14, 2014

David Pipes

Because of their deferred taxation it is quite popular to maintain annuities and make periodic withdrawals. At some point it will probably be wise to annuitize the annuity to make sure that you have a lifetime stream of income. Otherwise consider an annuity like other assets and either make withdrawals from them or cash them in as it is appropriate but seek tax advice.

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