Annuities 2020

  • Credits: 9
  • Format: Self-Study eBook
  • Field of Study: Federal Tax Law
  • Author/ Speaker: Paul J. Winn, CLU, ChFC

Course ID: Advanced Preparation: Experience Level:
EWTFM-T-01528-20-S None Overview
Published Date: Program Prerequisites: Other Course Formats:
© Jan 2020 General Understanding of Taxes eBook | Self-Study


Annuities examine the annuity concept and explain what an annuity is and how it works. The mechanics of the accumulation and payout phases of an annuity are examined and sample calculations are discussed. An explanation of settlement options and their appropriate uses are covered. The course also discusses annuity taxation. Federal income tax treatment of premature withdrawals, lump-sum distributions, and periodic payments is considered. Annuities discuss the different annuity contracts available and compare them with respect to client suitability, with particular emphasis on variable and fixed annuities. Both product types are discussed in terms of single vs. periodic premium, immediate vs. deferred, qualified vs. non-qualified, and settlement options.

Who Should Attend:

  • All Certified Public Accountants (CPAs)
  • Enrolled Agents (EAs)
  • Tax Return Preparers (TRPs)

Qualifies and approved with all state boards of accountancy and the following sponsorships: