Annuities bill gets companion
A House bill was introduced last month as a companion to S 1010, which would give tax incentives for investing in individual annuities.
A House bill was introduced last month as a companion to S 1010, which would give tax incentives for investing in individual annuities. Like its Senate mate, HR 2205, introduced by Rep. Stephanie Tubbs Jones, D-Ohio, the bill would let retirees receive up to $20,000 annually tax-free from individual annuities. Both bills are awaiting committee action. For details, http://thomas.loc.gov
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