401(k) plan access will be unavailable from 11 p.m. on 2/17 to 5 p.m. on 2/18 for scheduled maintenance.

What are the tax benefits of an annuity?

Your annuity contributions and interest earnings are not taxed until a withdrawal is made.  And when you begin receiving income payments from non-qualified annuities, a set amount of each payment is excluded from taxable income because it’s considered to be a return of your initial investment.