Liquidating annuities

We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors.

The following list represents our current picks for the top 10 best annuity companies of 2019.

Taking money early The other major tax consequence has to do with the retirement-related nature of annuities.

Below, you'll get a quick look at how various situations can affect your taxes.

This article is part of The Motley Fool's Knowledge Center, which was created based on the collected wisdom of a fantastic community of investors.

We'd love to hear your questions, thoughts, and opinions on the Knowledge Center in general or this page in particular.

Many investors look to annuities as a way to invest in a tax-deferred vehicle outside of an IRA or other retirement account.

However, annuities have different tax attributes from most retirement accounts.

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