Am I liable for capital gain taxes on securities used to pay for an annuity?

Since a portion of your annuity is considered a return of investment, you are liable for capital gain taxes on that portion.

The capital gains is spread over your life expectency rather than one lump sum gain.


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Society of the Divine Word (SVD Funds, Inc.)
1985 Waukegan Road, Techny, Illinois 60082
Phone: (800) 461-3064
Email: contact@annuitysvd.org
Last updated: July 14, 2003