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Business, 28.07.2019 22:00 sebasm4842

Retired public school teacher, age 65, has deposited a total of $10,000 into a nonqualified variable annuity, and her account's current value is $16,000. if she wishes to take a lump-sum withdrawal of the full amount, how much of this withdrawal is taxed at the ordinary income tax r

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Retired public school teacher, age 65, has deposited a total of $10,000 into a nonqualified variable...
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