Business, 28.08.2020 03:01 paradisetiyae6903

A client surrenders a variable annuity contract 5 years after purchase because of poor performance. Any surrender fee imposed:. a. increases cost basis.
b. reduces cost basis.
c. is deductible.
d. is not deductible.

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A client surrenders a variable annuity contract 5 years after purchase because of poor performance....

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