Beezo1951
New Member

Bailey Settlement from Insurance Group

I receive Bailey Settlement from NC.  I transferred my retirement income  from a 403B to an Insurance investment firm  which paid more interest and long term benefits.  I now draw monthly income from that insurance firm as part of my retirement.  I receive a 1099R each year.  DO THESE FUNDS QUALIFY AS A BAILEY BENEFIT DEDUCTION  or have I just lost that option because it comes from an insurance company.