Index Linked Annuity QuotesIntroducing Equity Index Linked Annuities from the
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If you want to switch one index linked annuity for another, you can do so without paying taxes. Exchanging one annuity for another is known as a 1035 exchange (named after Section 1035 of the federal tax code). In a 1035 exchange, you can exchange a life insurance policy for another life insurance policy, an annuity for another annuity, or a life insurance policy for an annuity without paying taxes.