What are inherited annuities – What is an inherited annuity? 1-800-566-1002. How can someone properly inherit an annuity and learn how you can avoid the most common mistakes that individuals have made when inheriting annuities. Inherited Annuities: Know How Best To Receive Your Annuity Money Those people that have become the beneficiaries of inherited annuities will certainly welcome the money that comes their way but at the same time they will also need to address the issue of taxation. For anyone that inherits an annuity or expects to become the beneficiary of an annuity, there is need to explore several options. They should realize that the Internal Revenue Service will be waiting to tax the inherited annuity and so if the beneficiary makes one wrong move, it could mean that they will end up paying more tax than they really ought to be paying. Among all the different options available to the beneficiary, one that they should consider opting for is that of withdrawin...
Timothy Sumer is a philanthropist and motivational speaker empowering young entrepreneurs across the nation. He speaks on starting new businesses and the importance of branding in the digital age. Timothy Sumer has a BA in Accounting from NYU and a Masters in Information Technology from MIT. Tim enjoys traveling around the globe, driving exotic sports cars, molecular gastronomy, exploring new cultures, and keeping on top of the latest technology trends. Hope you enjoy Timothy Sumer's page :)