LYCOS RETRIEVER 
Annuities: Interest
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Bonus annuities offer bonus credited rates of interest usually in the first few years of the contract in addition to the current stated rate of interest. In some cases the additional bonus rate can exceed 7%. It is not uncommon for people to experience better than 14% in the first year with certain policies. Also very suitable for retirement plan rollovers.
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Tax Advantages: Under IRS regulations, annuities allow for tax-deferred growth, along with tax-advantaged payout on annuitization. During the accumulation phase, interest earned on annuities is not taxable until funds are withdrawn. During the payout (annuitization phase), tax liability is spread out over the duration of the stream of payments.
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There are various kinds of annuities designed to meet a number of different financial priorities. When choosing the right annuity for you, consider all of your options. If you are interested in exploring any of the annuity options below, please ask your financial advisor for more information. Manulife ... offers a number of special annuity options for specific situations.
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