Register
All of the following are true of the federal tax advantages of a qualified plan EXCEPT: O At distribution, all amounts received by the employee are free of taxes. O Individually owned non-qualified annuities
93.7k views
3 votes
All of the following are true of the federal tax advantages of a qualified plan EXCEPT: O At distribution, all amounts received by the employee are free of taxes. O Individually owned non-qualified annuities are generally taxed as follows: O Premiums are not deductible; interest credited to the cash value is taxed deferred.

User Manashvi Birla
by
8.5k points

1 Answer

5 votes

Answer:

O At distribution, all amounts received by the employee are free of taxes.

User Tushark
by
8.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.5m questions

12.2m answers

Other Questions

Jacinda makes collections on real estate loans. Last year, she made approximately 20 collections and collected $38,000. Must Jacinda be licensed?
Outline the process by which most federal judges are nominated and approved
When an excessive amount of alcohol is consumed causing a person to stop or breath slowly, vomit in their sleep. or appear pale or bluish the person is possibly suffering from • Binge drinking Intoxication
Which constitutional amendment established birthright citizenship in the US? (please help)
When mixed with alcohol, a medication can become all of the following, except __________ . A. healthier B. useless C. unpredictable
Link Copied!