Product DescriptionThis audio book on CDs provides an easy way for students to review a list of key terms and concepts. It truly offers the most comprehensive and easy accessible supplement to your independent study for the Insurance Agent license Exam. Topics covered: income taxation of annuities; premiums; cash value build-up; natural persons; nonnatural persons; loans and assignments; partial withdrawals; contract surrender charges; 10% premature distribution penalty tax; taxation of withdrawals; multiple annuity contracts; effect of a tax free exchange; complete surrender of the annuity; exchanges section 1035; gift of an annuity; sale of an annuity; the seller; the purchaser; taxation of annuity benefit payments; the exclusion ratio; the investment in the contract; death of the annuity owner; death of the annuitant; estate taxation of annuities . . .
Annuity Taxation Overview
Tags: annuities, Annuity, Annuity Contracts, Annuity Payments, Benefit Payments, Complete Surrender, Estate Taxation, Gift Annuity, Income Taxation, Independent Study, Insurance, Insurance Agent, Loans, Natural Persons, Overview, Partial Withdrawals, premiums, Purchaser, Tax Free Exchange, Tax Taxation, Taxation