The Annuity Handbook, 4th Edition has been updated with the latest available information on nonqualified annuities to provide a comprehensive look at the most current information on the markets, compliance issues, taxation, and uses of annuities. What's NEW in the 4th Edition: Product Features: Market value adjustments Guaranteed minimum interest rate index Discussion of owner-driven contracts vs. annuitant contracts Bonus annuities Guaranteed death beneftis in variable annuities Uses of Annuities: Trust ownership of annuities Use of annuity payouts and settlement options for retirement income distribution planning Split annuity sales idea Annuities owned by Medicaid applicants/recipients Expanded discussion of annuities and retirement planning to include retirement income distribution considerations Compliance: New suitability requirements for fixed annuities sold to seniors < Compliance considerations in selling variable annuities - Investor Alerts, etc. from NASD Tax Updates: Systematic Withdrawals - uses and taxation of General update of income, gift, and estate tax rates Updated discussion of Section 1035 exchanges Expanded discussion of pre-59 1/2 withdrawals and 10% premature penalty tax Discussion of whether annuity "losses" are deductible