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Old 06-24-2008, 11:16 PM
Otis
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Default Re: Nevada annuity premium taxes

Thanks for the advice. After considerable searching I found this:
http://www.leg.state.nv.us/74th/Minu.../Final/275.pdf
which is a discussion of State Senate Bill 12 (the newspaper article said it
was Bill 176 ???) which would repeal the tax (fat chance) and it repeatedly
says Qualified funds are not subject to the tax.

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Old 06-24-2008, 02:02 PM
Elle
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Default Re: Nevada annuity premium taxes

Otis, try asking this at misc.taxes.moderated .

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which we respond. For all of the other tips and suggestions, see "FROM THE
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Old 06-22-2008, 11:35 AM
Otis
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Default Nevada annuity premium taxes

Does anybody know the real deal on Nevada annuity premium taxes?

According to this page:
http://www.jhancockrealestate.com/gs...education.html
qualified money is not taxed, but non-qualified is. That would be double
taxation, wouldn't it?

This page: http://www.annuity.info/premtax.cfm
says just the opposite.

This news article:
http://www.reviewjournal.com/lvrj_ho...ss/883116.html
confuses me. It seems to be saying that non-qualified annuities are not
taxed. Except the last sentence seem to imply that if your employer sets you
up with an annuity from your qualified funds, you're home free. What if your
employer offers an annuity inside it's retirement plan, the way
http://www.incomesolutions.com works, and you, the employee, elect that
annuity?

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to keep the conversations on-topic for financial planning. Other posting
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Tags
annuity, nevada, premium, taxes
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