What is a Fixed Index Annuity?
GFS Financial Services, LLC - 180 Views
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Published on 16 Jan 2021 / In How-to and Style
Annuities are either qualified or nonqualified. Qualified annuities are used in connection with tax-advantaged retirement plans, such as 401(k) plans, Section 403(b) retirement plans (TSAs), or IRAs. Qualified annuities are subject to the contribution, withdrawal, and tax rules that apply to tax-advantaged retirement plans.
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