Ask Colleen King

All the questions you've had about health insurance, life insurance, annuities and long term care insurance (but were afraid to ask)

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Taxes on annuity earnings? Are you kidding me?

February 27th, 2010 No Comments

Why is an ‘insurance person’ writing about a tax issue? When it comes to annuities, it may end up connected if the President has his way. Unfortunately. An article in Investment News by Dan Jamieson on February 22 indicates that President Obama wants to have the 2.9% Medicare tax apply now to unearned income. This [...]

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What about Annuities in this crazy time?

September 30th, 2008 No Comments

Can it get much crazier? If you’ve never considered an annuity for anything before, you should consider it now. An annuity is actually an insurance product that gives people a guarantee on their investment. At least the fixed annuities and fixed indexed annuities do. The stock market is a scary place to have your money [...]

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