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Ask Suze & KT Anything: To Remodel or Not To Remodel?

Suze Orman's Women & Money (And Everyone Smart Enough To Listen)

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First in and Last Out in an Annuity

Any money that's in a variable annuity or an index annuity when you go to take money out will be taxed as ordinary income. It is never your principal coming out. You know, there was a time, I think in August of 82, they may have changed it. The good old days we called it. They were. There's so many great ways to make money back.

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