Customers affected by Hurricane Matthew: learn more about submitting a claim online or call 866-COUNTRY when it’s safe to do so. We’re here for you. 

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.