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Casual Articles - The Variable Annuity versus The Mutual Fund
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The variable annuity takes a lot of criticism, since individuals pay
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The variable annuity takes a lot of criticism, since individuals pay o
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The variable annuity takes a lot of criticism, since individuals pay
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The variable annuity takes a lot of criticism, since individuals pay
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The variable annuity takes a lot of criticism, since individuals pay
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The variable annuity takes a lot of criticism, since individuals pay ordinary income taxes on withdrawn earnings. Also, the variable annuity is subject to stringent tax rules such as early withdraw penalties before age 59 1/2 with a few exceptions; even if the plan is classified as a non-qualified account. Mutual fund taxes are based on the fund manager's classification of the dividend. If the gain is considered a short-term capital gain in the mutual fund, this amount will also be taxed as ordinary income.
There has been some discussion over the high expenses associated with
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