This course will address many of the aspects of Annuities and their related tax considerations. Covered will be Annuity Principals and Concepts, Immediate vs. Deferred Annuities, Annuity Products and Payment Options, Annuity Products and Uses. Also discussed will be the tax considerations of Personal Life Insurance, Modified Endowment Contracts, Nonqualified Annuities and IRA's as well as Section 1035 Exchanges. This course is approved for two hours of Life insurance Continuing Education.