Exam (elaborations)
Florida 2-15 exam |Annuities - Life Insurance
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Florida 2-15 exam |Annuities - Life Insurance 1. How are withdrawals from a deferred annuity taxed? a-A 10% early withdrawal penalty on the interest if money is withdrawn before age 59 1/2. b-Since the interest builds tax-deferred, the interest will be taxed upon with- drawal. c-If the annuity ...
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