[pepsi_junkie]

30 years is a long time. I don’t think you can pass the annuity to heirs if you die. Take the cash, invest and your better off And you can pass it on so your Kids can waste it.

[zeestephen]

All remaining annuity payments would be paid into your estate if you pre-decease.

However, you make a good point.

Would those payments be subject to federal Death Taxes first, and then standard federal income taxes second?

That would raise total federal taxes into the 60% range, unless you were giving everything to charity.

[thesligoduffyflynns]

🙋my thoughts exactly🌱