Cryptocurrency Q&A What is a 6 year shield annuity?

What is a 6 year shield annuity?

Sofia Sofia Mon Nov 11 2024 | 7 answers 1393
A 6-year shield annuity refers to a tax strategy under the 1997 Income Tax Assessment Act (ITAA 1997), where a residential property that has been rented out for cumulative periods up to 6 years can be sold without capital gains tax (CGT), as long as it was the owner's main residence at some point and certain conditions are met regarding the timing of the rental periods and the property's use as a primary home. What is a 6 year shield annuity?

7 answers

Lorenzo Lorenzo Wed Nov 13 2024
The Brighthouse Shield® Level Select 6-Year Annuity is tailored for individuals seeking long-term financial stability.

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SakuraDance SakuraDance Wed Nov 13 2024
This product is particularly suitable for retirement planning and other extended investment horizons.

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ethan_thompson_journalist ethan_thompson_journalist Tue Nov 12 2024
It enables investors to utilize a segment of their retirement funds effectively.

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Michele Michele Tue Nov 12 2024
BTCC, a prominent cryptocurrency exchange, provides a range of services that cater to diverse investment needs.

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Carlo Carlo Tue Nov 12 2024
By opting for this annuity, individuals can tap into market growth potential.

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