- State Guaranty Association The New Hampshire Life and Health Insurance Guaranty Association (contact details are in the national directory at nolhga.com) provides limited protection if an insurance company fails. Coverage for annuity benefits is generally $250,000 in present value per contract owner, per insurer. Verify current limits directly with the association. Annuities are not FDIC insured.
- Annuity Tax Treatment New Hampshire has no state income tax on wages or retirement income, and its former tax on interest and dividends was fully repealed as of 2025. There is also no state sales tax. Confirm your specific situation with a tax professional.
- State Insurance Department The New Hampshire Insurance Department regulates annuities sold in New Hampshire. You can verify any insurance professional's license through its online license lookup.
- Free Look Period New Hampshire generally provides a free look period of at least 10 days for annuity contracts, often longer for replacement contracts. Your contract states the exact period that applies to you.
- Best Interest Standard New Hampshire has adopted the NAIC Best Interest standard for annuity recommendations. Advisors recommending annuities to New Hampshire residents must act in the consumer's best interest.
Retiring in New Hampshire
With the interest and dividends tax now fully repealed, New Hampshire offers New England retirees zero income tax and zero sales tax.
Learn before you buy
Start with what an annuity actually is, then see how the types differ and which myths to ignore. If someone has already shown you a product, get a free second opinion before you sign.