THE TAX BENEFITS
THE TAX DEDUCTION
The tax deduction is the difference between the current market value of your property minus the current value of the annuity.
The foundation’s IRS approved calculator figures all these numbers for you and shows them on your personal Written Proposal.
This deduction is used this year and 5 years into the future or until it is used totally.
It can cover up to 30% of your AGI each year and can offset the taxes due on your annuity income or from income from your personal retirement plan.