Own an inherited annuity? Stretch your assets with a low-cost, tax-efficient option

Save money by switching your inherited annuity to the Vanguard Variable Annuity.OCTOBER 2016

If you inherit an annuity contract, one of the most important decisions you need to make is how you’ll claim the assets.

If you don’t need the inherited assets right away and want to minimize immediate tax implications, consider taking a stretch distribution. This option allows you to take annual distributions from an annuity over your life expectancy, which limits your short-term tax liability.

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