When you have a new hard drive, or when you're reinstalling Windows, the OS may ask you to format the drive. If given a choice, the two common modes are NTFS and FAT32. But what are those, and why would you choose one over the other? We break down the differences between FAT32 vs. NTFS..
Between the ages of 45 and 55, an annuity investor is usually able to take on more risk with his or her investments, as there will be more time to make up for any losses. He or she also has a number of annuity options that are suited for individual financial goals and risk tolerance.
However, many nonqualified contracts issued today permit the. commencement of payments to be deferred until age 90 or even later. See. PLR 200022003 (contract permitted deferral to as late as age 90). The. income tax consequences of a late annuity starting date, if any, are. uncertain. On the other hand, the IRS has suggested that such a contract. may not be an annuity.