Benjamin Franklin once said "…in this world nothing can be said to be certain, except death and taxes" so perhaps its little surprise that lawyers, tax planners and insurers should all have seized the opportunity to apply themselves to the vast and universal market for annuities.
Annuities are an effective instrument enabling tax-deferred accumulation of investments for retirement planning, and are subject to tax only when actually distributed from the policy. Annuity products are emerging globally, and AMS manages several such companies in the BVI - on both sides of the Atlantic. This article is a simple overview on annuities for US citizens under the IRC Regulations.
Annuities are available to eligible clients who have taken expert tax advice in their own domicile and who have sufficient initial premiums to invest in a stable of fund options offered through the annuity company. Minimum investments may be as low as $100,000 although additional premiums may be invested in
