To download the 76-page advanced markets Q&A on annuities, click on the following:
www.advisorshare.com/annuity-advanced-markets-q-a
It’s rare that I read something an insurance company puts out and think it’s “of quality” to include in one of my newsletters, but this is one of those times (thanks Allianz).
Why should you download this Q&A piece?
It has very detailed answers to many questions I’ve had about annuities and if I had this piece, it could have saved me hours of research. Hopefully, it can do the same for those who download it.
I think all the info is good, but the info I believe can be most helpful is on trust-owned annuities. Most advisors don’t understand the ramifications of having trust-owned annuities and this paper does a great job of explaining the pros and cons, plus tax issues.
While I think the info on trust-owned annuities is the most interesting, many may think the info on buying annuities in IRAs and Qualified Retirement Plans is the most interesting.
Look at the table of contents to determine for yourself if you think it is worth downloading.
Table of Contents
CONTRACT STRUCTURE
Jointly-owned annuities—2
Funding credit trusts with annuities—4
Pitfalls of naming a minor beneficiary—7
Uniform Transfer to Minors Act and annuities—8
Trust-owned annuities—10
Revocable trusts and annuities—13
IRAS AND QUALIFIED RETIREMENT PLANS
Traditional and Roth IRA contributions—15
Spousal IRAs—17
Roth IRA distributions—18
Individual 401(k)s—21
In-service distributions—22
Converting to a Roth IRA—25
SEP plan and SEP IRA basics—28
SIMPLE IRA plans—30
Net unrealized appreciation (NUA)—33
IRA distribution strategies—35
Beneficial/inherited IRAs—37
Roth 401(k)s, 403(b)s, and governmental Roth 457(b)s—40
Entire interest RMD rules—43
IRA-to-IRA rollovers—45
TAXATION
72(t) and 72(q)distribution basics—47
SEPP exception to 72(t) and 72(q)—51
One-time change of 72(t)/72(q) payment—54
1035 exchanges—56
Income tax and Social Security benefits—58
IRD and the 691(c) deduction—60
Taxation of nonqualified annuities—62
The Alternative Minimum Tax (AMT)—66
MISCELLANEOUS
Life insurance—67
Estate planning—70
A White Paper for 402(a) Fiduciaries to Consider
FIAs in ERISA-Governed Pension Plans
In 2020 I wrote a 21-page white paper on why FIAs MUST be considered as an asset class by qualified plan fiduciaries. I figured that many advisors interested in Advanced Markets Q&A on annuities should also be interested in my FIAs in pension plans white paper.
To download this paper, click on the following link:
https://advisorshare.com/fias-in-pensions-white-paper
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