I used to see the topic around but not lately.Can anyone share the basics of a private annuity?I am familiar with annuities but would like to havediscretion over where the principal is invested. IE could we invest 200k in equities and bonds, let it growtax free and in 10 yrs start taking withdrawals which wouldbe taxed once we went over the 200k original contribution.TIA for any insight.
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