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    David RacichPRO
    Fountain Hills, Arizona
    Annuities in qualified plans are tax as ordinary income at the effective tax bracket rate of the plan participant and may be subject to estate taxes as well. Non-qualified tax deferred annuities are also taxed as ordinary income at the effective tax bracket rate of the annuity policy owner and may be subject to estate taxes.
      
    Answered on July 7, 2013
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