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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 121585  
Subject: Re: Taxable inherited annuities Date: 3/18/2000 7:08 PM
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<<I read with interest re the taxability of an inherited IRA. Does the same hold true for a selfdirected annuity?>>

Generally speaking, yes.

Generally, the tax deferred earnings in an annuity will be taxed to SOMEBODY. It's called Income with Respect to a Decedent (or IRD) income.

But there are a number of annuity products out there, many tied to life insurance. If what you are asking is tied to a life insurance product, the answer might be completely different.

So if you could a bit more precise with your question, I'll try to be more precise with my response.

TMF Taxes
Roy
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