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#020 - All about annuities, Part 1: Introduction and MYGAs

Retirement Planning Education, with Andy Panko

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Understanding Annuity Fees and Tax Implications

This chapter provides a detailed explanation of annuity fees, tax implications of annuity gains, interest, and penalties on withdrawals, and the distribution and taxation of annuity income for heirs. It also introduces Multi-Year Guaranteed Annuities (MYGAs) as a low-risk investment option similar to Certificates of Deposit (CDs).

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