Every financial professional should read and refer to this completely updated annuity resource. Delivered in an authoritative, yet easy-to-read language, this guide provides an objective discussion of what annuities can and cannot do, their costs, and the risk management features that annuities offer.
Whether you are an attorney, CPA, financial planner; anyone who advises clients regarding financial matters should read and refer to this completely updated annuity resource. Delivered in an authoritative yet easy-to-read language, this guide provides an objective discussion of what annuities can and cannot do, their costs, and the risk management features that annuities offer.
The Annuity Advisor, 2nd Edition discusses topics including:
Cost-benefit comparison of the features and taxation of annuities
Annuities as an investment versus risk management tool
Taxation of annuities both during the owner's lifetime and after death
The various features of annuities and their cost
When an annuity is considered an investment versus a risk management tool
Features and costs of index annuities
When and when not to use trusts with annuities
Annuities and estate planning
Discussion of common arguments used both for and against annuities
What's New in the 2nd Edition:
Updated Second Edition offers extended coverage on:
Expanded analysis of the value of tax deferral in VAs
A brand new chapter on "longevity annuities"
New rules on Roth conversions of IRA annuities
New rules on calculating RMDs for IRA annuities
Updates on trusts as owners of annuities and transfers of annuities into trusts
Expansion on taxation rules for partial versus full surrenders
Updated for new IRS rules on partial 1035 exchanges
About the Authors:
John L. Olsen, CLU, ChFC, AEP is a financial and estate planner practicing in St. Louis County, MO. In addition to working with his own clients, John works with other advisors on advanced cases and product selection and offers independent consulting on financial planning software. He is also a highly sought-after speaker, having given presentations on financial, insurance, and estate planning, software selection, and other topics to many industry groups.
Michael E. Kitces, MSFS, CFP®, CLU, ChFC, RHU, REBC, CASL, is Director of Financial Planning for Pinnacle Advisory Group, a private wealth management firm located in Columbia, Maryland . In addition to the financial planning work he does on behalf of Pinnacle s clients, Michael is also a very active speaker, writer, and editor, works with other financial professionals on advanced financial planning topics, and is regularly interviewed by national consumer and trade publications on a broad variety of financial planning topics.
Whether you are an attorney, CPA, financial planner; anyone who advises clients regarding financial matters should read and refer to this completely updated annuity resource. Delivered in an authoritative yet easy-to-read language, this guide provides an objective discussion of what annuities can and cannot do, their costs, and the risk management features that annuities offer.
The Annuity Advisor, 2nd Edition discusses topics including:
Cost-benefit comparison of the features and taxation of annuities
Annuities as an investment versus risk management tool
Taxation of annuities both during the owner's lifetime and after death
The various features of annuities and their cost
When an annuity is considered an investment versus a risk management tool
Features and costs of index annuities
When and when not to use trusts with annuities
Annuities and estate planning
Discussion of common arguments used both for and against annuities
What's New in the 2nd Edition:
Updated Second Edition offers extended coverage on:
Expanded analysis of the value of tax deferral in VAs
A brand new chapter on "longevity annuities"
New rules on Roth conversions of IRA annuities
New rules on calculating RMDs for IRA annuities
Updates on trusts as owners of annuities and transfers of annuities into trusts
Expansion on taxation rules for partial versus full surrenders
Updated for new IRS rules on partial 1035 exchanges
About the Authors:
John L. Olsen, CLU, ChFC, AEP is a financial and estate planner practicing in St. Louis County, MO. In addition to working with his own clients, John works with other advisors on advanced cases and product selection and offers independent consulting on financial planning software. He is also a highly sought-after speaker, having given presentations on financial, insurance, and estate planning, software selection, and other topics to many industry groups.
Michael E. Kitces, MSFS, CFP®, CLU, ChFC, RHU, REBC, CASL, is Director of Financial Planning for Pinnacle Advisory Group, a private wealth management firm located in Columbia, Maryland . In addition to the financial planning work he does on behalf of Pinnacle s clients, Michael is also a very active speaker, writer, and editor, works with other financial professionals on advanced financial planning topics, and is regularly interviewed by national consumer and trade publications on a broad variety of financial planning topics.
