6. Swap your Annuity for Zero Tax Fees.
When you make an investment, there are times when you will want to swap what it is you have your money in. When you invest in stocks, you are typically charged a fee, which can range to a flat rate per transaction or a percentage of what you put into the fund. Simply put, this drags the investment down and may cause you to stay in an investment longer than what you desire. However, with an annuity, you have the availability to change you annuity, all tax free. If you simply want to swap in one annuity for something new, then enjoy the rewards of tax-free swapping. Make sure to discuss this with your tax professional before making any changes to your financial future.