Frequently Asked Questions

I want to know about the taxation of annuities and the growth advantages.

Annuities are afforded many tax advantages and favors that many other retirement savings instruments do not enjoy.

They grow tax deferred which can keep you from increasing your taxable income.
Annuities avoid probate and most legal tangles.
Annuities avoid creditors under Texas law (i.e.Ken Lay of Enron had most of his holdings in annuities, thereby affording him and his family many legal and creditor advantages not enjoyed by other investment plans.)
Annuities, like life insurance pass to a named beneficiary which can be anyone, not just a spouse or direct relative.