What is a nonqualified annuity and how does it work?
The term “nonqualified” simply describes the annuity’s tax treatment.
Financial education is a priceless asset that pays lifelong dividends.
— Rachel Christian
Bankrate writer Rachel Christian covers investing and wealth management. Her work has been featured in publications across the country, including Business Insider, the Tampa Bay Times, Evansville Business and the Orlando Business Journal.
Christian is passionate about making personal finance accessible for everyone by providing clear, accurate information that breaks down complex topics for readers.
She’s a long-time journalist with a history of reporting on business and personal finance. During her career, she’s written extensively about investing, retirement, Social Security and Medicare.
Financial education is a priceless asset that pays lifelong dividends.
— Rachel Christian
The term “nonqualified” simply describes the annuity’s tax treatment.
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