Annuities are polarizing. There are advisors who love them, there are advisors who hate them, and there are some that like parts of them.
First, the Fed’s asset reflation that made rich people ridiculously rich. Soon to come, the recoil.
The ruling will allow for the payment of advisory fees from fixed-indexed or variable annuities without creating a taxable distribution event.
The IRS has been busy the last few months. Some of its work is of special interest to people in or near retirement.