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	<title>New answer on: How Are Deferred Annuities Taxed?</title>

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		<title>By: David Pipes</title>

		<link>https://www.insurancelibrary.com/annuities/how-are-deferred-annuities-taxed</link>

		<dc:creator>David Pipes</dc:creator>

		<pubDate>Mon, 11 Aug 2014 21:56:48 +0000</pubDate>

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		<description><![CDATA[This is a different question from how are IRAs and Roth IRAs taxed even though they are frequently funded with annuities.&#160; The tax on the gain in a “non-qualified” annuity is deferred until you start withdrawing money.&#160; The deferred earnings are taxed as ordinary income whether received by the annuitant or a non-spouse beneficiary.&#160; There isn’t a “step-up” in basis.&#160; Upon death the annuity is included in the estate of the decedent.&#160; For specific information on taxation, consult with a tax professional. ]]></description>

		

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