The earnings on an deferred annuity are
A) subject to ordinary income taxes when earned.
B) subject to capital gains taxes when earned.
C) tax exempt.
D) tax-deferred until they are distributed.
Correct Answer:
Verified
Q43: Retirees may remain in their homes while
Q44: A "rollover" occurs when pension accumulations are
A)paid
Q45: Low income earners
A)may contribute additional amounts to
Q46: One common characteristic shared by both the
Q47: The maximum annual contribution to an individual
Q49: An annuity that begins payments one period
Q50: The refund feature on an annuity guarantees
Q51: IRA funds may be invested in all
Q52: A marriage partner of a spouse with
Q53: For a Roth IRA the initial contribution
A)is
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