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	<title>New answer on: How Do Pension Annuities Work?</title>

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		<title>By: David Pipes</title>

		<link>http://insurancelibrary.com/annuities/how-do-pension-annuities-work</link>

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

		<pubDate>Thu, 10 Jul 2014 19:23:30 +0000</pubDate>

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		<description><![CDATA[A pension annuity is probably better known as in immediate annuity.  This is a contract offered by a life insurance company that provides a lifetime of guaranteed income in exchange for a single deposit.  These transactions are usually handled as a “roll-over.”  In such a case the insurance company will coordinate the transfer of funds from the existing accumulation plan (401(K) for example, to the annuity.  This does not affect taxation, but a CPA is a better source of tax information. ]]></description>

		

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		<title>By: Steve Savant</title>

		<link>http://insurancelibrary.com/annuities/how-do-pension-annuities-work</link>

		<dc:creator>Steve Savant</dc:creator>

		<pubDate>Sun, 28 Jul 2013 03:58:50 +0000</pubDate>

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		<description><![CDATA[Assuming the interpretation of the question is correct, qualified retirement plans can purchase a variety of financial products and tax deferred annuities is an option. If a qualified pan purchase a tax deferred annuity, the basis is taxable because the basis or original contributions were deducted under the defined contribution plan.]]></description>

		

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