Tax information?

Nice site - especially like the Tontinator that shows how different investment options, ages and amounts perform.

I was hoping to find some information on taxation of the distributions from a tontine trust fund.

Specifically:

  1. How are these distributions treated from a taxation standpoint?
  2. What happens if the principal decreases below the initial investment amount Does that create a tax loss situation?
  3. Is taxation reflected in the break-even estimation on the Tontinator?

Exciting times!