Are surrender charges tax deductible?

Answer Surrender charges themselves are not tax deductible, because they are not considered a realized loss by IRS standards. However, if you incur a loss on the non-qualified annuity that you are surren... Read More »

Top Q&A For: Are surrender charges tax deductible

How to Avoid Paying Annuity Surrender Charges?

Annuities can provide a wealth of benefits for investors saving for retirement, such as unlimited tax-deferral, a guaranteed stream of income, protection from probate and creditors and professional... Read More »

Difference Between Criminal Charges & Domestic Charges?

Although criminal charges and domestic law matters are very different concepts, the underlying facts are sometimes exactly the same.

If you have an accident before the deductible is lowered but the claim is not filed until after which deductible applies?

Answer The deductible at the time of the accident not the time of claim.

What is the minimum deductible for high deductible health plans?

The minimum deductible for a high deductible health plan is $1,200 for an individual and $2,400 for families in 2010 and is set by the U.S. Department of the Treasury. This is up from $1,150 and $2... Read More »