Qualified Versus Non-Qualified Annuities скачать в хорошем качестве

Qualified Versus Non-Qualified Annuities

00:26 📚 Explanation of qualified vs. non-qualified annuities begins. 00:54 💡 Non-qualified money is taxed money already in your possession. 01:22 🏦 Qualified money is untaxed and in retirement accounts like IRAs and 401(k)s. 01:52 ⚖️ Withdrawals from qualified accounts are taxed as normal income. 02:18 ⏳ Required Minimum Distributions (RMDs) force withdrawals at retirement age. 02:32 🔄 Qualified annuities can be funded by rollovers from other qualified accounts. 03:24 🔍 Some companies offer Roth conversions for tax-free future benefits. 04:18 🔄 Non-qualified annuities use taxed money and can grow or provide income. 04:59 💸 Non-qualified growth annuities are subject to LIFO (Last In, First Out) tax rules. 06:32 ✂️ Non-qualified income annuities use an exclusion ratio to determine taxable amounts. 07:12 💼 Qualified annuities have no extra tax benefits since all withdrawals are taxable. 08:33 🛡️ Non-qualified annuities allow tax deferral on growth, a key tax advantage. 09:44 🚀 1035 Exchanges allow continued tax deferral in new annuities. 10:25 🏥 Growth in non-qualified annuities can be moved to long-term care policies tax-free. 12:15 🌟 Asset-based long-term care policies offer flexibility and tax advantages.