The Annuity Handbook: A Guide to Nonqualified Annuities

The Annuity Handbook, 4th Edition has been updated with the latest available information on nonqualified annuities to provide a comprehensive look at the most current information on the markets, compliance issues, taxation, and uses of annuities.What's NEW in the 4thProductMarket value adjustmentsGuaranteed minimum interest rate indexDiscussion of owner-driven contracts vs. annuitant contractsBonus annuitiesGuaranteed death beneftis in variable annuitiesUses ofTrust ownership of annuitiesUse of annuity payouts and settlement options for retirement income distribution planningSplit annuity sales ideaAnnuities owned by Medicaid applicants/recipientsExpanded discussion of annuities and retirement planning to include retirement income distribution considerationsNew suitability requirements for fixed annuities sold to seniorsCompliance considerations in selling variable annuities - Investor Alerts, etc. from NASDTaxSystematic Withdrawals - uses and taxation ofGeneral update of income, gift, and estate tax ratesUpdated discussion of Section 1035 exchangesExpanded discussion of pre-59 1/2 withdrawals and 10% premature penalty taxDiscussion of whether annuity "losses" are deductible