Equity indexed annuity is a flexible tool to reduce taxes

02/28/2014 | FarmForum.net

Equity indexed annuities can be used to defer taxes liability, and their advantages are the same regardless of whether they are held in an IRA, writes Dennis Foster. "The rates offered by the better carriers are typically higher than you will find in any bank CD's and offer similar guarantees of safety," he notes. "Where the real attraction lies is that you can also put some or all of your money in the equity indexed side of the annuity."

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