The Motley Fool Discussion Boards

Previous Page

Investing/Strategies / Retirement Investing

URL:  http://boards.fool.com/at-least-the-taxable-event-is-under-your-control-29800995.aspx

Subject:  Re: How to make your own annuity on the cheap Date:  1/24/2012  5:08 PM
Author:  PSUEngineer Number:  70010 of 76238

At least the taxable event is under your control. If you don't want to take the tax hit, don't let the policy lapse.

Things happen. You lose your job and can't pay the premiums. You become disabled. You develop a condition like Alzheimer's and family lets it lapse.
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us