White Paper Outline - DTCC

Of course, the early distribution penalty (10 percent of gain) imposed by §72(q) applies to both fixed and variable annuities and may properly be viewed as a “cost” of investing in either type. Tax Deferred Annuities in IRAs or Qualified Plans . Another common misconception regarding the tax consequences of investing in a deferred annuity is that the benefit of tax-deferral enjoyed by ... ................
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