Tax deferral improves your long-term earnings
The interest you earn remains in your SecureLink Future annuity and has the potential to continue growing on a tax-deferred basis. Because you don’t pay taxes until you make withdrawals, those locked-in earnings can help your funds accumulate faster. Then when you’re ready, you control when you take withdrawals and pay taxes.
This information is a general discussion of the relevant federal tax laws provided to promote ideas that may benefit a taxpayer. It is not intended for, nor can it be used by any taxpayer for the purpose of avoiding federal tax penalties. Taxpayers should seek the advice of their own advisors regarding any tax and legal issues specific to their situation.
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