Annuities allow you to grow your money on a tax-deferred basis. Some withdrawals from an annuity are taxable, and some are not. You can switch your annuity to another provider tax-free. Annuities are ...

Favorable tax treatment is one of the main reasons for buying an annuity. But what exactly are the tax benefits? And are there any drawbacks? It's important to know the answers to these questions ...