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Subject:  private annunity ? Date:  8/19/2012  9:04 PM
Author:  susan400 Number:  116539 of 129671

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 have
discretion over where the principal is invested.

IE could we invest 200k in equities and bonds, let it grow
tax free and in 10 yrs start taking withdrawals which would
be taxed once we went over the 200k original contribution.

TIA for any insight.
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