If you own an annuity or are considering buying one, you likely have a few major questions about how the IRS and government programs view your money. In this video, Shawn Plummer from The Annuity Expert breaks down exactly when your annuity funds are considered tax-deferred assets versus taxable income.

Shawn explains how ordinary income tax applies to your gains once you start taking withdrawals, and highlights the one major exception: tax-free Roth IRA annuities. You will also learn about a highly specific, lesser-known strategy using a "Medicaid-Compliant Annuity" to protect a healthy spouse from going broke if their partner needs to enter a nursing home.

📖 Read our full, easy-to-understand guide on Annuity Taxes here:

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